
Butler County Missouri Auction of Farm Ground
Our firm is involved with an upcoming Butler County, Missouri auction of farm ground and a house. 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.
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.
Details About Butler County, Missouri Auction
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 Butler County, Missouri auction of farm ground and a house.
We’re Here to Help
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.
Contact us or call us at (573)686-2459 to discuss your real estate questions. We are here for you when you need us.