Why use this legal form?

To lock down an agreement among co-owners to sell the jointly owned property
By signing this contract, each co-owner agrees to sell the jointly owned property on the open market to a third party.
Help prevent any co-owner from backing out at the last minute
This is often a good way to avoid litigation over jointly owned property
This legal form can be used by either attorneys or non-attorneys.

How does it work?

Use our automated document builder to create your agreement.
Download the Word document and edit if necessary.
Sign the agreement with all co-owners and then list the property for sale.

Description:

This agreement will confirm that all co-owners are willing to sell the jointly owned property to a third party on the open market. By signing a Voluntary Sale Agreement, you can “lock down” this course of action among the co-owners, which will help prevent anyone from backing out at the last minute.

You can download the agreement as a Word document and then further customize to your situation.
This is a legal Product, not a legal Service. See our Terms & Conditions on the difference between a legal Product and a legal Service.

State Specific Versions for Multiple States

Our automated document software will produce the agreement for your specific state. After purchasing the letter, you’ll select your state and receive the appropriate document for that state.

The letter is available for the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.

Should you hire an attorney or use this legal template?

This legal template is not the same as hiring an attorney, and in some cases, you should hire an attorney. That is 100% your decision.

But here are some reasons why you might want to use this legal template:

Pay a small fraction of what you would pay an attorney
Stay in control of the negotiation process
Avoid threatening your co-owners with a lawyer unless absolutely necessary
Get started immediately rather than waiting on an attorney
Attempt to resolve the situation outside of court (and hire an attorney for court only if necessary)

Maybe you want to save money, or maybe you just prefer to handle this legal matter directly. Either way, we respect your decision about when to hire an attorney and when to use legal tools directly. That said, sometimes an attorney is necessary. If you decide you need legal advice, contact our attorneys. We can either represent you or help you find an appropriate attorney. Keep in mind that we charge separately for legal services, including any advice about how to use or interpret products purchased from our firm.

What if I have questions about the form?

We answer technical support questions for free (problems with payment or the download process). But if you need legal advice about how to use this form, how to interpret this form, or how to resolve your joint ownership issues, then you will need to hire an attorney. In that case, send us a message, and we can either represent you or refer you to an appropriate attorney.

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Why use this legal form?

To enter a buyout contract between or among co-owners
A “buyout” means that one or more co-owners purchases from another co-owner
A buyout agreement is like a purchase contract among the co-owners of jointly owned property
This is often a good way to avoid litigation over jointly owned property
This legal form can be used by either attorneys or non-attorneys.

$95 – Buy Now for Instant Access

How does it work?

Use our automated document builder to create your agreement
Download the Word document and edit if necessary
Sign the agreement with all co-owners and then proceed as stated in the agreement.

Description:

This agreement will confirm the details of the buyout arrangement, such as purchase price, hopeful closing date, amount of ownership being purchase, and parties to the purchase agreement. The buyout contract will also help you to “lock down” this agreement among co-owners, to help prevent anyone from backing out at the last minute.

You can download the agreement as a Word document and then further customize to your situation.
This is a legal Product, not a legal Service. See our Terms & Conditions on the difference between a legal Product and a legal Service.

State Specific Versions for Multiple States

Our automated document software will produce the agreement for your specific state. After purchasing the letter, you’ll select your state and receive the appropriate document for that state.

The letter is available for the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.

Should you hire an attorney or use this legal template?

This legal template is not the same as hiring an attorney, and in some cases, you should hire an attorney. That is 100% your decision.

But here are some reasons why you might want to use this legal template:

Pay a small fraction of what you would pay an attorney
Stay in control of the negotiation process
Avoid threatening your co-owners with a lawyer unless absolutely necessary
Get started immediately rather than waiting on an attorney
Attempt to resolve the situation outside of court (and hire an attorney for court only if necessary)

Maybe you want to save money, or maybe you just prefer to handle this legal matter directly. Either way, we respect your decision about when to hire an attorney and when to use legal tools directly. That said, sometimes an attorney is necessary. If you decide you need legal advice, contact our attorneys. We can either represent you or help you find an appropriate attorney. Keep in mind that we charge separately for legal services, including any advice about how to use or interpret products purchased from our firm.

What if I have questions about the form?

We answer technical support questions for free (problems with payment or the download process). But if you need legal advice about how to use this form, how to interpret this form, or how to resolve your joint ownership issues, then you will need to hire an attorney. In that case, send us a message, and we can either represent you or refer you to an appropriate attorney.

$95 – Buy Now for Instant Access

Why use this legal form?

To persuasively propose a buyout or voluntary sale of jointly owned property
To motivate co-owners to reach a voluntary solution and avoid litigation
To warn co-owners that you have the right to force a sale via partition action if no voluntary agreement can be reached

$95 – Buy Now for Instant Access

How does it work?

Use our automated document to create your letter
Download the Word document and edit if necessary
Send the letter by regular mail, certified mail, and email if possible

Description:

Before filing a partition action, use this letter to convince your co-owners that a voluntary sale or buyout would be ideal. Based on state law, you can compel a forced sale of jointly owned property via partition action. However, the co-owners are generally better off with a voluntary sale or buyout agreement outside of court. Use this letter to explain your partition rights and motivate a voluntary solution.

This is a Word download, so you can customize the letter to your situation as necessary.
This is a legal Product, not a legal Service. See our Terms & Conditions on the difference between a legal Product and a legal Service.

State Specific Versions for Multiple States

Our automated document software will provide the letter for your specific state. After purchasing the letter, you’ll select your state and receive the appropriate letter for that state.

The letter is available for the following states: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Maine, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, and Wisconsin.

Are the co-owners married?

If you are married to the co-owner, this legal form may not apply to your situation in the same way. State family laws and divorce laws might control the jointly owned property, rather than partition law. Sometimes, partition is still available to divorced couples who remain as joint owners (even then, the divorce decree may impact your partition rights). But if you are currently married, you may be prevented from partitioning the property. In that case, contact an attorney.

Should you hire an attorney or use this legal template?

This legal template is not the same as hiring an attorney, and in some cases, you should hire an attorney. That is 100% your decision.

But here are some reasons why you might want to use this legal template:

Pay a small fraction of what you would pay an attorney
Stay in control of the negotiation process
Avoid threatening your co-owners with a lawyer unless absolutely necessary
Get started immediately rather than waiting on an attorney
Attempt to resolve the situation outside of court (and hire an attorney for court only if necessary)

Maybe you want to save money, or maybe you just prefer to handle this legal matter directly. Either way, we respect your decision about when to hire an attorney and when to use legal tools directly. That said, sometimes an attorney is necessary. If you decide you need legal advice, contact our attorneys. We can either represent you or help you find an appropriate attorney. Keep in mind that we charge separately for legal services, including any advice about how to use or interpret products purchased from our firm.

What’s included in this letter template?

The introduction identifies the jointly owned property and owners (you’ll add the property description and owner names).
The letter proposes three ways to end the co-ownership relationship: a buyout, a voluntary sale, or a forced sale.
The letter explains that you have the right to force a sale via partition action, citing to the relevant law.
The letter ends by attempting to persuade your co-owners that voluntary sale or a voluntary buyout would be better than a forced sale.
You can customize the letter to emphasize either a voluntary sale or a buyout.
The letter breaks down each option clearly, in a persuasive manner designed to motivate all owners toward a voluntary solution.
The letter sets the stage for you to file a partition action if no voluntary solution can be reached.

Who is this letter for?

This legal form can be used by either attorneys or non-attorneys.
This template is for a co-owner of jointly owned property seeking to accomplish a sale, buyout, or forced sale of the property.

What if I have questions about the form?

We answer technical support questions for free (problems with payment or the download process). But if you need legal advice about how to use this form, how to interpret this form, or how to resolve your joint ownership issues, then you will need to hire an attorney. In that case, send us a message, and we can either represent you or refer you to an appropriate attorney.

$95 – Buy Now for Instant Access