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Farm estate in 50/50 ownership
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H3f
Posted 11/26/2022 13:50 (#9950942 - in reply to #9950702)
Subject: RE: Farm estate in 50/50 ownership


Yes, one party can force a partition auction on an undivided parcel. Think that holds true for medicaid as well. Best to come to an agreement instead. I think your lawyer, their lawyer select a partition lawyer to hold the auction or sale. He/She will make sure property brings appropriate amount. Partition lawyer gets a certain percentage which I believe is shared (not evenly with defendant lawyer). Not sure if plaintiff lawyer gets a share or plaintiff pays. Also, any fees; advertising, etc. are deducted from sale proceeds. Best to negotiate a settlement.
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