If you own real estate or personal property with another person, and you are unable to agree upon a fair and equitable division of the property, Missouri law allows for a partition suit to be filed so that the property can either be divided or sold by court order. Disputes like this can arise form a number of situations, including:

1. The purchase of real estate or personal property along with a friend (or former friend);
2. The inheritance or gift of real estate or personal property with another person or family member following a probate proceeding;
3. The purchase of real estate or personal property with a current or former business partner

Under Missouri law, each co-owner of real estate or personal property generally has a right to have the property physically divided or sold with the proceeds distributed. The legal term for this division is “partition.” Although a Missouri court can order the property to be physically divided rather than sold, in most cases, the court will decide to order a sale because most property (especially real estate) cannot be equally divided.

The lawyers at Kennedy, Kennedy, Robbins & Yarbro, LC, are experienced in partition suits and will handle all the necessary legal steps to separate your individual share in real estate or personal property from that of your co-owners. Here is the information on an upcoming sale of the personal property of James R. Davis, Sr. and Louise Davis, of Reynolds County, Missouri, which contains lots of antiques and hand tools.

Ready to talk about a partition suit? We’re here to help. Our firm is committed to keeping our clients fully informed and offering them the guidance and support needed to make good choices between different legal alternatives.

For more information or to schedule an appointment, contact us today. We look forward to helping you.