North Dakota Partition Deed for Surface Estate

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• Control #: US-OG-316
• Format: Word; Rich Text

Description

When parties own undivided interest in the surface of lands, if they desire to divide the lands so that each party owns, separately, a particular tract, this can be accomplished by the parties partitioning the lands. Then each will own a separate part of the lands in which all the parties owned an undivided interest. This form of partition deed accomplishes this objective. A North Dakota Partition Deed for Surface Estate is a legal document that is used to divide or partition the ownership rights of a specific parcel of land in North Dakota. This type of deed is specifically used when multiple owners share an undivided interest in the surface estate of a property and wish to separate their ownership rights. The North Dakota Partition Deed for Surface Estate provides a detailed description of the property, including its boundaries, size, and any relevant legal descriptions. It also includes the names and ownership percentages of the co-owners involved in the partition. There are two main types of North Dakota Partition Deed for Surface Estate: 1. Voluntary Partition Deed: This type of partition deed is used when the co-owners agree to voluntarily divide their interests in the property. This may occur when the co-owners wish to physically divide the land or when they agree to sell their individual interests to other parties. 2. Judicial Partition Deed: In cases where the co-owners cannot come to an agreement for the voluntary partition, a judicial partition may be necessary. This involves filing a lawsuit and seeking a court order to enforce the partition of the property. The court will appoint a commissioner to oversee the partition process and ensure fairness among the co-owners. Key keywords for a North Dakota Partition Deed for Surface Estate include: — North Dakota partitioDeeee— - Surface estate partition — Co-ownershidivisionio— - Property partition process — Voluntary partitioDeeee— - Judicial partition deed — Undivided interesseparationio— - Land division agreement — Court-orderepartitionio— - Commissioner overseeing partition.

A North Dakota Partition Deed for Surface Estate is a legal document that is used to divide or partition the ownership rights of a specific parcel of land in North Dakota. This type of deed is specifically used when multiple owners share an undivided interest in the surface estate of a property and wish to separate their ownership rights. The North Dakota Partition Deed for Surface Estate provides a detailed description of the property, including its boundaries, size, and any relevant legal descriptions. It also includes the names and ownership percentages of the co-owners involved in the partition. There are two main types of North Dakota Partition Deed for Surface Estate: 1. Voluntary Partition Deed: This type of partition deed is used when the co-owners agree to voluntarily divide their interests in the property. This may occur when the co-owners wish to physically divide the land or when they agree to sell their individual interests to other parties. 2. Judicial Partition Deed: In cases where the co-owners cannot come to an agreement for the voluntary partition, a judicial partition may be necessary. This involves filing a lawsuit and seeking a court order to enforce the partition of the property. The court will appoint a commissioner to oversee the partition process and ensure fairness among the co-owners. Key keywords for a North Dakota Partition Deed for Surface Estate include: — North Dakota partitioDeeee— - Surface estate partition — Co-ownershidivisionio— - Property partition process — Voluntary partitioDeeee— - Judicial partition deed — Undivided interesseparationio— - Land division agreement — Court-orderepartitionio— - Commissioner overseeing partition.