February/March 2022

Page 12

BUSINESS OF FARMING

DIVIDING JOINTLY OWNED PROPERTY UNDERSTANDING THE PROCESS OF PARTITION BY R O B E RT T U F T S AND KEN KELLEY

Y

ou, your brother and sister inherited the farm from your parents. That makes you tenants in common. You have an undivided interest in the property, meaning you each own a one-third interest in the entire farm. As such, you each have the right to use the entire farm and you can’t point to any portion of the farm as being yours. That also means you jointly manage the farm. What happens when the three of you can no longer agree? Joint owners can separate their interest in property through the process of partition. Partition can be either voluntary (the three

of you agree to a physical division and prepare deeds to transfer your one-third interest in two parcels to the other two) or involuntary through a court proceeding. An owner, no matter how small their interest, has the right to force the partition of the property. Maybe your brother died without a will and was survived by his spouse and three children from that marriage and two children from a previous marriage. A child that owns a 1/15th interest has the right to force the partition even if all the other owners vote against partition. There are two forms of partition, the traditional partition covered by Chapter 6 of

An owner, no matter how small their interest, has the right to force the partition of the property.

12

Cooperative Farming News


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Articles inside

Food Safety

6min
pages 70-72

PALS

2min
page 30

From the State Vet's Office

6min
pages 16-17

Grazing Grace

6min
pages 73-74

How's Your Garden?

5min
pages 59-60

Magic of Gardening

6min
pages 64-66

4-H Extension Corner

5min
pages 26-28

Howle's Hints

5min
pages 61-63

Sweet Grown Alabama - Hornsby Farms

1min
page 22

One Accord Farm

5min
pages 48-51

Co-op Corner

2min
pages 18-19

Business of Farming

5min
pages 12-13

Southern Made Simple

4min
pages 56-58

FFA Sentinel

3min
pages 24-25

Farming Your Forest

8min
pages 38-41

Outdoor Logic with BioLogic

7min
pages 32-35

What's the Point with GreenPoint Ag

5min
pages 20-21

Feeding Facts

5min
pages 14-15

The Adventurous Sort

11min
pages 42-45

Magic of Gardening

5min
pages 64-66

The Co-op Pantry

3min
pages 77-79

Food Safety

5min
pages 70-72

Simple Times

8min
pages 67-69

Howle’s Hints

5min
pages 61-63

Southern Made Simple

4min
pages 56-58

How’s Your Garden?

4min
pages 59-60

Lee Peacock

6min
pages 52-55

One Accord Farm

5min
pages 48-51

Farming Your Forest

9min
pages 38-41

PALS

1min
pages 30-31

Cooking with Stacy Lyn

2min
pages 36-37

Outdoor Logic with BioLogic

7min
pages 32-35

FFA Sentinel

2min
pages 24-25

On the Edge of Common Sense

2min
page 23

Business of Farming

4min
pages 12-13

What’s the Point

5min
pages 20-21

Co-op Corner: Central Alabama Farmers Co-op - Demopolis Voted Best Feed/Seed Store of 2021

2min
pages 18-19

Feeding Facts

4min
pages 14-15

Letter from the Editor

5min
pages 4-7

Homegrown with Sweet Grown

0
page 22

Ag Insight

7min
pages 8-11

From the State Vet’s Office

5min
pages 16-17
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