Wake North Carolina Agreement to Partition Real Property among Surviving Spouse and Children of Decedent

State:
Multi-State
County:
Wake
Control #:
US-1191BG
Format:
Word; 
Rich Text
Instant download

Description

Partition is the division between two or more persons of real or personal property held by them in common ownership. The division can take place between joint tenants or tenants in common. A Wake North Carolina Agreement to Partition Real Property among Surviving Spouse and Children of Decedent is a legal document created to distribute or divide the real property owned by a deceased individual (decedent) between their surviving spouse and children. This type of agreement comes into play when there is no existing will or when the decedent's will does not provide specific instructions regarding the division of the real estate. In Wake County, North Carolina, there are different types of agreements to partition real property, depending on the circumstances and the parties involved. Some common types include: 1. Wake North Carolina Agreement to Partition Real Property with Surviving Spouse and Children: This agreement outlines the division of real estate between the surviving spouse and the decedent's children. It may specify the percentage of ownership or the specific portions of the property that each party will receive. 2. Wake North Carolina Agreement to Partition Real Property among Children Only: In cases where the decedent had no surviving spouse, this agreement is used to partition the real property solely among the children. Similar to the previous type, it may specify ownership percentages or divide the property into distinct portions for each child. 3. Wake North Carolina Agreement to Partition Real Property with the Consent of All Parties: This agreement is used when all parties involved, including the surviving spouse and children, are in agreement on how to divide the real estate. It can provide a clear and legally binding framework for the partition process. 4. Wake North Carolina Agreement to Partition Real Property with Court Intervention: This agreement may be necessary when there is a disagreement or dispute among the surviving spouse and children regarding the division of the real property. In such cases, the agreement may involve court intervention to resolve the matter and ensure a fair distribution. Keywords: Wake North Carolina, agreement to partition real property, surviving spouse, children, decedent, distribution, divide, real estate, will, instructions, ownership, percentage, portions, consent, court intervention, dispute.

A Wake North Carolina Agreement to Partition Real Property among Surviving Spouse and Children of Decedent is a legal document created to distribute or divide the real property owned by a deceased individual (decedent) between their surviving spouse and children. This type of agreement comes into play when there is no existing will or when the decedent's will does not provide specific instructions regarding the division of the real estate. In Wake County, North Carolina, there are different types of agreements to partition real property, depending on the circumstances and the parties involved. Some common types include: 1. Wake North Carolina Agreement to Partition Real Property with Surviving Spouse and Children: This agreement outlines the division of real estate between the surviving spouse and the decedent's children. It may specify the percentage of ownership or the specific portions of the property that each party will receive. 2. Wake North Carolina Agreement to Partition Real Property among Children Only: In cases where the decedent had no surviving spouse, this agreement is used to partition the real property solely among the children. Similar to the previous type, it may specify ownership percentages or divide the property into distinct portions for each child. 3. Wake North Carolina Agreement to Partition Real Property with the Consent of All Parties: This agreement is used when all parties involved, including the surviving spouse and children, are in agreement on how to divide the real estate. It can provide a clear and legally binding framework for the partition process. 4. Wake North Carolina Agreement to Partition Real Property with Court Intervention: This agreement may be necessary when there is a disagreement or dispute among the surviving spouse and children regarding the division of the real property. In such cases, the agreement may involve court intervention to resolve the matter and ensure a fair distribution. Keywords: Wake North Carolina, agreement to partition real property, surviving spouse, children, decedent, distribution, divide, real estate, will, instructions, ownership, percentage, portions, consent, court intervention, dispute.

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Wake North Carolina Agreement to Partition Real Property among Surviving Spouse and Children of Decedent