How will the sale proceeds be divided among co-owners after a partition sale in Arkansas (AR)?
Detailed Answer When a court orders a partition sale in Arkansas, the court sells the real property and divides the net sale proceeds among the co-owners. The court’s goal is an equitable distribution based primarily on each owner’s legal ownership share, but the final division can change to account for liens, mortgages, contributions, and court-ordered […]
Read article →How can I file a partition-for-sale suit in Arkansas (AR) when a minority of the siblings won’t agree to sell our inherited land?
FAQ: How to file a partition-for-sale suit in Arkansas when some siblings refuse to sell inherited land Disclaimer: This article is for general informational purposes only and is not legal advice. It explains how partition-for-sale actions generally work under Arkansas law. For advice specific to your situation, consult a licensed Arkansas attorney. Detailed answer: What […]
Read article →Who should be listed as petitioners on a partition lawsuit in Arkansas (AR)?
Who should be listed as petitioners on a partition lawsuit in Arkansas? Detailed Answer — Who belongs on the petition when suing for partition in Arkansas This answer explains, in plain language, who should be named as petitioners (the party or parties who start the lawsuit) when you file a partition action in Arkansas. A […]
Read article →What happens if mediation fails and I need to file a partition action to force the sale of our jointly owned land? (AR)
Disclaimer: I am not a lawyer. This information is educational only and is not legal advice. For advice specific to your situation, consult a licensed Arkansas attorney. Detailed Answer — What happens if mediation fails and I need to file a partition action under Arkansas law? When mediation does not resolve a dispute over jointly […]
Read article →How can I negotiate a fair buyout of my interest in family land in Arkansas when my co-owner offers much less than the appraised value?
Negotiating a Fair Buyout of Your Share of Family Land in Arkansas Disclaimer This article explains general information about negotiating a buyout of an ownership interest in Arkansas real property. It is educational only and not legal advice. For advice about your specific situation, consult a licensed Arkansas attorney. Detailed Answer — How to negotiate […]
Read article →How do co-owners initiate a partition action to divide or sell shared real property in AR?
How co-owners start a partition action to divide or sell shared real property in Arkansas Short answer: In Arkansas, any co-owner (cotenant) of real property can ask a circuit court to divide the property physically (partition in kind) or force its sale (partition by sale) when owners cannot agree. The co-owner begins the process by […]
Read article →How is property divided in an actual partition of real property when some acres are better than others? (AR)
Detailed Answer Overview. When co-owners ask an Arkansas court to divide jointly owned land, the court follows state partition law to reach a fair result. The court can divide the land by physically dividing it (partition in kind) or by ordering a sale and dividing the proceeds (partition by sale). The goal is to give […]
Read article →How can a co-owner obtain monetary compensation instead of receiving physical property? — Arkansas (AR)
How can a co-owner obtain monetary compensation instead of receiving physical property? Short answer If co‑owners cannot or do not want to physically divide the property, a co‑owner can seek a monetary buyout through agreement with the other owners or by asking the court to order a sale and split the proceeds. Under Arkansas law, […]
Read article →Can I negotiate with my siblings to avoid a partition action in Arkansas on inherited property?
Detailed Answer If you inherit real estate in Arkansas, you and your siblings each hold an undivided interest. When co-owners disagree on management or sale, Arkansas law allows any co-owner to file a partition action to force division or sale. See Ark. Code Ann. § 18-49-101. Partition suits can be costly, time-consuming, and may damage […]
Read article →How Can a Co-Owner in Arkansas Seek Reimbursement for Improvements Made to Estate Real Property?
Disclaimer: This article is for educational purposes only and does not constitute legal advice. Consult a qualified attorney to discuss your specific situation. Detailed Answer When two or more people own real property as co-owners (tenants in common or joint tenants) under Arkansas law, each owner generally bears responsibility for expenses related to the property […]
Read article →