Austin Texas Petition to Partition Community Property is a legal document filed in Austin, Texas, which seeks to divide the community property owned by divorcing spouses or co-owners. Community property refers to the assets and debts acquired during the course of the marriage or partnership. This petition is typically filed when one or both spouses wish to dissolve the community property and divide the assets and debts in a fair and equitable manner. It essentially asks the court to intervene and facilitate the division of the couple's joint property. There are different types of Austin Texas Petition to Partition Community Property, depending on the specific circumstances and goals of the filing party: 1. Divorce Petition to Partition Community Property: This type of petition is filed when spouses are seeking a divorce and want the court to intervene in dividing the community property. It outlines the assets and debts that need to be divided and requests the court to allocate them between the parties. The petition may also include a request for spousal support, child support, and child custody if applicable. 2. Co-Owner's Petition to Partition Community Property: This type of petition is filed when co-owners of a property, who are not married or in a domestic partnership, want to divide their jointly owned assets or real estate. It is commonly used when co-owners cannot agree on how to split the property or if one party wishes to sell their share. Regardless of the type, the Austin Texas Petition to Partition Community Property should include relevant keywords such as "petition to partition," "community property," "division of assets," "equitable distribution," "spousal support," "child support," "child custody," and "real estate." These keywords help provide a comprehensive understanding of the nature and purpose of this legal document.