Property Ownership

What is a partition action in Nevada real estate?

AThe physical division of a property with a wall
BA court action allowing a co-owner to force either a physical division of jointly owned property or a forced sale with division of proceeds when co-owners cannot agree✓ Correct
CAn HOA action to divide shared amenities among residents
DA legal action to divide water rights among neighboring properties

Explanation

A partition action allows any co-owner (joint tenant or tenant in common) to petition a Nevada court to divide jointly owned property. If physical division is impractical, the court orders a partition by sale — the property is sold and proceeds are divided among the co-owners according to their interests.

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