Property Ownership
Vermont's 'partition' action allows co-owners of property to:
AMerge two parcels into one
BDivide jointly owned property or force its sale when co-owners cannot agree on use or disposition✓ Correct
CRestrict future development on their parcel
DTransfer property to the state
Explanation
A partition action is a legal proceeding where any co-owner can petition a court to either physically divide jointly owned property (partition in kind) or order its sale and divide the proceeds (partition by sale) when co-owners cannot agree on the property's use or disposition.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Short SaleA sale of real property where the sale proceeds are less than the outstanding mortgage balance, requiring lender approval.
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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