Partition Actions In Real Estate
People may enter into real estate purchases with other owners for a number of reasons. In many situations, the co-owners are friends, people in a relationship or people who have entered into a business venture together. If you are seeking to sell the home and split the proceeds, our real estate attorneys will provide advice about the steps to take in a partition.
The attorneys at Korshak & Associates, P.A., have more than 60 combined years of experience representing clients in real estate and business litigation matters. We serve clients throughout Florida and have office location Orlando.
You can count on us to make certain that your best interests are protected. We take a hands-on approach to working with our clients and are committed to providing personalized attention at all times.
Helping You Through Partition Actions In Real Estate
Partition is a specific type of lawsuit where one co-owner of a real estate submits to the court the real estate to be sold so the proceeds may be split among all the co-owners. This is necessary when co-owners cannot agree as to the sale or management of the property among themselves.
It is important to have a lawyer represent your interests in this process. At Korshak & Associates, we have significant experience representing owners in partitions. Our lawyers will fight for your fair share of the value of the property. In many instances, we can also arrange for the property to be sold at a private sale rather than judicial auction, thereby maximizing the proceeds available.
When Is A Partition Proceeding Right For Me?
Real estate continues to be a popular option for investors, whether it’s two friends going in together to fix up a house to sell for a modest profit or a large group looking to pool assets to purchase a string of commercial properties. While the allure of getting into real estate in this way is enticing, many people don’t think about what might happen when they want to exit the venture.
The real estate lawyers at Korshak & Associates in Orlando can provide advice for people or organizations that are selling a property and want to divide the proceeds. If all parties agree on the terms, it may be a relatively straightforward event. Sometimes, however, the parties are unable to come to an agreement on the sale.
When this happens, a specific type of lawsuit, known as a partition action, is undertaken by one of the co-owners so that a court can rule on the matter. Whether you are the co-owner taking this action or are one of the owners who is named in the suit, having an attorney representing you in a partition proceeding is crucial.
Contact Us To Find Out How We Can Help
Contact our Orlando real estate partitions attorneys at Korshak & Associates, P.A., at 888-681-4389 to schedule a free 10-minute initial consultation about your legal matter. Our office hours are 8:30 a.m. to 5 p.m. Monday through Friday and after hours by appointment. Se habla español. We accept cash, checks and major credit cards.