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Real Estate

by Kathleen

Information regarding a "complaint for partition" made against me and my offer to buy sisters out of their portion of inherited home in Florida.

Comments for Real Estate

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Partition Complaint for inherited real estate
by: FALDP Staff

Kathleen,
"... Partition is a court process where a joint tenant owner can ask the judge to order the property to be sold by private sale or public auction. Chapter 64 of Florida Statutes governs partition actions which are brought before a court.



In order to request a sale, any owner can file what is called a partition complaint with the court in the county where the property is located. Partition is a matter of right and there are very few defenses to partition. Even if one owner lives in the property and/or the property qualifies as an owner’s homestead property, any owner can seek partition of the property. Generally, unless an owner waives their right to partition, the property will be subject to sale by the court.



A sale of the property can occur by a private negotiated settlement, by private sale through a special court master, or by public sale. Most partition actions result in a private settlement between the parties, which provides full control over the sale process and the ability to maximize sale proceeds..."



see Attorney, Shannon L. Rountree's site - http://www.florida-estate-trust-lawyer.com/Partition.html and Florida Statute 64

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