blog category

What Is an Action for Partition?

What Is an Action for Partition?An action for partition is a lawsuit brought by a party (or parties) against another to force the division or sale of real estate. These actions can arise when two or more people co-own property and are in dispute over what to do with it. Sometimes co-owners of homes where one of the parties has moved out may not agree on what to do with the home. The person who has stayed in the house may want to keep it but doesn’t have the funds to buy out the other owner. Sometimes children inherit property from parents and one wants to sell while the other wants to keep the property. If these disagreements can’t be resolved between the parties themselves, it can lead to a partition lawsuit in the courts. Partition actions can be brought over residential or commercial property or even undeveloped acreage. Partitioning essentially means dividing. However, it…

How Do You Resolve a Partnership Dispute?

How Do You Resolve a Partnership Dispute?If your business has a partnership structure, at some point you will likely encounter some type of disagreement. Remember, the value of your partnership is in what each party brings to the table. Unfortunately, there are situations where partners encounter issues like differences in judgment and even deep-seated conflicts that may threaten the entire existence of the partnership and business. When facing this type of disagreement, it may be smart to look for a compromise rather than immediately pursuing legal action. However, each partnership is unique, so it's necessary to determine what resolution best suits your situation. The good news is that an attorney can help you with this decision. Seeking legal representation early in the stages of your partnership is something that will pay off in the long run. It provides you with trusted, experienced legal services that can offer advice and guidance throughout the life of the partnership.…