Tag: partition
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Co-Owner Refuses to Sell? 12 Situations Where “Partition” Decides What Happens
Co-owner refuses to sell? Learn what “Partition” means and see 12 real situations, from inherited homes to divorce, with the law behind each one.
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The Accounting Comes Before the Sale Order, Not After
A New York appellate court reversed a partition judgment because the accounting had not been completed before the court ordered the sale. The accounting is a precondition, not a proceeds…
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Rhode Island Changed Partition and Probate Sales in the Same Year
A new Rhode Island statute puts appraisal and a buyout window ahead of any partition sale, and the state’s Supreme Court voided a co-executor’s self-purchase that skipped probate approval.
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Who Counts as Heirs Property: Two New York Decisions Draw the Line
Two published New York decisions decided within nine weeks set the outer edges of the Partition of Heirs Property Act: a co-op is in, a trust-and-LLC ownership structure is out.