The Ultimate Guide to Partition Actions in Florida: What Every Property Owner Needs to Know
Sarah and her brother, Mark, inherited a beachfront property from their parents. Sarah wanted to keep it as a vacation home, while Mark preferred to sell and cash out his share. Years of disputes and financial strain led Sarah to seek legal counsel, realizing a Partition Action was the only viable solution.
Partition Actions are legal solutions for co-owners facing disputes over shared real estate. Whether you’ve inherited property with siblings, co-invested in real estate, or share ownership with a business partner, disagreements can arise. When they do, a Partition Action might be the best legal remedy.
What is a Partition Action?
A Partition Action is a legal process used to resolve disputes among property co-owners who cannot agree on how to manage or dispose of the property. Under Florida law, any co-owner has the right to seek a Partition Action, which results in either a forced sale of the property (Partition by Sale) or a physical division (Partition in Kind).
Who Can File a Partition Action?
Types of Partition Actions
Partition by Sale – The court orders the property to be sold, and proceeds are divided among the co-owners.
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The Legal Process of a Partition Action
How Long Does a Partition Action Take?
Most cases take between 6 to 12 months, depending on court schedules, disputes over property valuation, and co-owner cooperation.
Why You Need an Attorney for a Partition Action
Navigating a Partition Action without legal guidance can lead to financial loss or unfair settlements. A real estate attorney ensures:
?? Need help with a Partition Action? Contact Renée Marie Smith, Esq. today for expert guidance!
Senior Partner/Shareholder at Renee M. Smith Esq. PA
2 周Download the full Partition Guide here: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://reneemsmithesq.com/wp-content/uploads/2024/10/RMS-Partition-Actions.pdf