Mandatory Sales of Joint Ownership Property Under the Revised Uniform Partnership Act
David J. Dietrich
PROBATE& PROPERTY SEPTEMBER/OCTOBER 2004 9 Corbis Clients may own real estate in tenancy-in-common fractional interests as a result of inheritance or the dissolution of a business entity. Frequently they hold the property without a tenancy-in-common or partnership agreement. If held without an agreement, the default rules of the 1997 Uniform Partnership Act (RUPA) may apply. On a co-owner’s death, the surviving joint owner and the deceased owner’s estate may need guidance on the remedies...