Credit: Adobe Stock Rules on Partitioning Ownership Property Rights
Adam Leitman Bailey and John Desiderio discuss the rules regarding how parties may partition their common ownership property rights.
August 16, 2022 at 10:00 AM
14 minute read
Real Estate
Whether a property owned by two or more tenants-in-common can be partitioned "in kind," i.e., by physically dividing the real estate or other property interest, or by subjecting it to a judicial sale, or even whether the property may be subject to partition at all, are issues that courts must decide when the property's majority and minority owners are strongly divided on whether the property should be divided or sold.
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