In our latest video release, Owelty of Partition Transactions, Attorney Nick Stevens shares an overview of ways the Owelty deed is typically used: 

  • An heirship situation, in which multiple people inherit a property, and one individual wants to buy out the others 
  • In a divorce, when one ex-spouse is awarded the family home, and the other ex-spouse is awarded cash for their interest in the property 

Nick’s presentation describes the intricacies and logistics surrounding the Owelty deed and delves deeper into the scenarios when it is most often utilized.  

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