What is partition of property?

Partition of property, according to Kansas law, is a legal division of property owned by two or more individuals or entities. Generally, partition is done when multiple people or entities own an interest in a single real estate property, and they want to split their ownership. For example, if three siblings jointly own a home, they may be able to divide their interests through a partition action. Partition can also occur with multiple owners of tangible personal property, such as a piece of art or household items. Partition is a court-supervised process, usually granted when the parties are unable to come to an agreement. During the process, a judge will consider the relative interests of the parties and the best way to divide the property. The court will then make an order that divides the property into each party’s share. Partition actions can also include instructions on how to pay for the property or how to compensate one party for their greater share. Partition can be an expensive process, and all parties involved should consider the costs and benefits of pursuing a partition action. Because partition can involve a lengthy court process, it is wise to talk to an experienced attorney knowledgeable in property law in Kansas. They can help the parties come to an agreement outside of court, which may be a more cost-effective solution.

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What is partition of property?

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