Partition Legal Meaning and Definition

Here is a simplified definition of the legal term Partition.

Partition (noun)

Partition refers to the legal process where shared or jointly-owned property (often real estate) gets divided among its co-owners. This usually happens when there's disagreement or dispute among the co-owners about the property. The court typically helps resolve this by ordering the co-owners to either divide the property or one co-owner to buy out the others' shares based on the assessed property value. Partition can also apply to dividing assets, such as in a will or estate.