Texas Partition Action Lawyer Represents Landowners Who Want to Sell or Partition Their Real Property by Texas Partition Action Lawyer Jason Coomer
Sometimes co-owners of real property cannot agree on how their property will be used or if it will be sold. In these instances, it is sometimes necessary to file a real estate partition action to divide or sell the property. This situation often arises when multiple family members inherit real property and when people jointly purchase property. In these situations, one owner typically wants to keep the property, while other owners want to sell the property. Further the owner that wants to keep the property often can't afford to buy out the other owners and insists that the other owners pay their share of taxes, maintenance, and insurance year after year. When this situation arises the best course of action is typically a partition action to force the partition or sale of the real property. For more information on this topic, please go to the following web page: Texas Partition Action Lawyer Information.
Forced Sales of Texas Real Property
Not all real property can be partitioned or divided, in fact houses, commercial property, lake house, condominiums, and several other types of unique real property cannot be partitioned. When a Texas court finds that real property in a partition action cannot be fairly divided, the Court will order the real property sold through a forced sale. The owners then divide the proceeds of the sale of the real property.
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