When Might A Property Partition Be Necessary And What Does It Mean?

When real property is co-owned by two or more people, each owner has a legal ownership interest in the property. It also means that all owners must agree on how the property is used and maintained or a dispute may arise. When a dispute does occur, partition may be the only solution. Understanding what is involved in Georgia's partition actions is essential if you foresee that jointly held property is headed for partition.

When Might Partition Be Necessary?

People may co-own property under a wide variety of circumstances; however, common examples include unmarried romantic partners, business partners, a parent and an adult child, or siblings that inherited property. Co-ownership means that each owner has equal rights and responsibilities regarding the property. Legally speaking, it also means that each owner has the right to decide how the property is used and when the property is sold; however, that becomes a problem if a disagreement occurs between the co-owners