What is a deed of partition?

A deed of partition is a legal document used to divide property in California. It is used when two or more people own a piece of property together and they wish to divide it into separate parts. The deed of partition states which parts each owner will receive and sets out any other conditions that need to be fulfilled. The deed of partition is typically used for situations such as when two people inherit property together, when a married couple gets a divorce, or when two business partners decide to dissolve their business. It is important to note that a deed of partition only applies to real estate, and not to personal property. The deed of partition should include a full description of the property to be divided, the share of each owner, and any conditions that the owners agree to. This will help to ensure that all parties to the deed understand their rights and obligations clearly. The deed should be signed by all parties involved and should appear in the public records to create a legal document that can be enforced. In California, it is possible to have a deed of partition prepared by a lawyer or to use a do-it-yourself form. By doing this, the parties involved can save money on legal fees. However, it is important to ensure that the deed of partition is properly drafted and executed to avoid any potential legal issues.

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