Property Ownership

In Oregon, what is 'partition' and when might it be used?

AThe process of dividing a building into separate condominium units
BA legal action to divide co-owned property when co-owners cannot agree on its disposition✓ Correct
CThe separation of personal property from real property at closing
DThe process of dividing a large parcel into smaller lots for sale

Explanation

Partition is a legal action available to co-owners (tenants in common or joint tenants) when they cannot agree on what to do with the property. An Oregon court can either physically partition the property (divide it) or order a partition sale (sell the property and divide the proceeds). Partition is often the last resort when co-owners have an irreconcilable dispute.

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