How can I get my share of the net proceeds after the partition sale of a co-owned house in WY?
How to get your share of net proceeds after a partition sale of a co-owned house in Wyoming Detailed Answer — what happens and how you receive money after a partition sale (Wyoming) If co-owners cannot agree to divide real property, one co-owner can ask the court for a partition action. In Wyoming, a court-ordered […]
Read article →What are my options for avoiding a costly court-ordered partition in WY while still getting paid my full share?
How to avoid a court-ordered partition and still get paid your full share — practical steps under Wyoming law Quick overview: If you co-own real property in Wyoming and want cash instead of continued ownership, you can often avoid an expensive, court-ordered partition sale by negotiating a buyout, using alternative dispute resolution, or creating a […]
Read article →How will the sale proceeds be divided among co-owners after a partition sale in Wyoming (WY)?
FAQ: How will the sale proceeds be divided among co‑owners after the property is sold in a partition in Wyoming? Short answer: After a court orders a partition sale in Wyoming, the sale proceeds are first used to pay liens, mortgages, taxes, and sale costs (including attorney and court fees). Any remaining balance is then […]
Read article →How can I file a partition-for-sale suit in Wyoming when a minority of the siblings won’t agree to sell our inherited land?
Quick answer If you and some siblings jointly own inherited land in Wyoming and a minority refuses to sell, you can ask the district court to force a partition for sale. The court can order the property divided physically (partition in kind) if feasible, or, if dividing is impractical, the court can order a sale […]
Read article →Who should be listed as petitioners on a partition lawsuit in WY?
Detailed Answer Short answer: The petitioners in a Wyoming partition lawsuit should be the person or people who actually seek the court’s action to divide or sell real property — typically the co-owner(s) asking for partition. That usually means the co-owner(s) bringing the suit (individual owners, trustees, personal representatives, or authorized officers for entities). You […]
Read article →What happens if mediation fails and I need to file a partition action to force the sale of our jointly owned land? (WY)
What happens if mediation fails and I need to file a partition action to force the sale of jointly owned land in Wyoming? Short answer: If mediation fails, a co-owner can file a partition action in Wyoming district court to force a division of the property. The court may order a physical division (partition in […]
Read article →How can I negotiate a fair buyout of my interest in family land in Wyoming (WY) when my co-owner offers much less than the appraised value?
Detailed Answer Overview: your rights as a co‑owner of family land in Wyoming If you own an undivided interest in family land with one or more co‑owners, Wyoming law generally recognizes each co‑owner’s right to their proportionate share of the property’s value. A co‑owner who refuses to pay a fair price may trigger a forced […]
Read article →How do co-owners initiate a partition action to divide or sell shared real property? (WY)
Detailed Answer Short summary: When co-owners cannot agree about what to do with jointly owned real property in Wyoming, one or more co-owners can ask the district court to force a partition. A partition action asks the court either to physically divide the property among the owners (partition in kind) or to order the property […]
Read article →How is property divided in an actual partition of real property when some acres are better than others? (WY)
Detailed Answer — How courts divide real property in a Wyoming partition when some acres are better than others Short answer: Wyoming courts prefer a partition in kind (physically dividing the land) when it is fair and practical. When the acres are not of equal quality or value, the court uses appraisals, commissioners or referees, […]
Read article →How can a co-owner obtain monetary compensation instead of receiving physical property? (WY)
FAQ: How can a co-owner receive money instead of physical property under Wyoming law? Short answer: If co-owners of real property cannot or do not want to divide the property physically, a co-owner can seek monetary compensation by (1) agreeing to a buyout with the other co-owner(s), or (2) asking the court in a partition […]
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