If you are a co-owner of a piece of real estate and either you and your other co-owner cannot agree whether to sell the property or keep the status quo, we can help.
A partition lawsuit is one of the most predictable and easy to prove lawsuits there are.
There are three outcomes. You buy your co-owner’s share. Your co-owner buys your share. Or you sell the property and split the proceeds. Because a partition lawsuit is so predictable, the parties should be able to negotiate the outcome without filing a lawsuit. Sometimes, however, it becomes necessary to file a partition lawsuit because you just cannot come to an agreement. Want to avoid this kind of upheaval? You might want to all sign a Co-Owner Agreement or Tenants in Common Agreement where you contractually agree what should happen if one co-owner wants to be bought out. We can help you with all of these problems. Whether you need help negotiating a deal, preparing an agreement or representing you in a lawsuit, we can help. Need more information? Call or email us.