AgTalk Home
AgTalk Home
Search Forums | Classifieds (172) | Skins | Language
You are logged in as a guest. ( logon | register )

partition action
View previous thread :: View next thread
   Forums List -> AgTalk CafeMessage format
 
Odin
Posted 4/15/2024 13:51 (#10707674 - in reply to #10707532)
Subject: RE: partition action


southwest minn
The petition must always be granted to begin the court process.
Legal rule is to divide the real estate in kind physically if practicable, boot may be required among owners to equalize the share values; if not feasible to divide [ex. one house] sell it and divide proceeds.
If contested in court : court appoint 3 referees who study the situation, have appraisals, etc. and make a recommendation to judge [often followed by judge entirely or mostly]. Takes 1-2 years, owners pay all referees' costs and their own legal fees. Expensive and unpleasant.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)