Real Property - Partition of Property - Liens and Purchase Price Adjustments

Summary

The bill mandates that any party in a partition lawsuit must inform the court of all known liens on the property when the plaintiff does not provide a title report. It also changes how a cotenant’s buy‑out price is calculated, subtracting outstanding liens and allowing the court to factor in costs like taxes or rental income. The changes apply only to cases filed after the law takes effect.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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