
equitable partition
Equitable partition refers to a legal process used to divide property among co-owners in a fair manner. When multiple people own a property, disputes may arise over its use or ownership. Equitable partition ensures each owner's share is fairly determined, considering factors like ownership percentages and property conditions. The goal is to resolve disagreements by either physically dividing the property or selling it and distributing the proceeds among the owners. This process seeks an outcome that is just and reasonable, reflecting each owner’s investment and interests in the property.