Partition Offsets: Two Ways to Calculate Co-Owner Reimbursements
In a partition action, a co-owner may seek reimbursement for qualifying property expenses and improvements paid beyond their ownership share. When a partition action is filed to sell co-owned property, co-owners are entitled to reimbursement for any amounts they overpaid for the property’s expenses or improvements during their co-ownership period. However, determining which reimbursement method … Read More
