partition by sale

Definition of "partition by sale"
  1. A process where jointly owned property is sold and the proceeds are split among the owners
How to use "partition by sale" in a sentence
  1. In the division of their shared estate, they chose a partition by sale to ensure fair distribution.
  2. When they couldn't agree on the usage of their jointly owned house, they decided on a partition by sale.
  3. The siblings couldn't decide who should keep the family lake house so they did a partition by sale.

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