Partition Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Partition, written in plain English, along with examples of how it is used.
What is Partition?
It means division of assets especially the real property between different co-owners. Normally the partition occurs when theres a dipute over the property. The filing of suit for division of property is practically impossible. Thus usually court orders one of the co-owners to buy out the property from the other after evaluatng the value of the property.