Legal Question in Real Estate Law in Maine
divide land without sale
i own a piece of land in ME with a friend.It is about 20 acres.I want to divide it evenly,so that each of us gets full ownership of his half of the original 20 acres.Land is currently held in joint tenency.
3 Answers from Attorneys
Re: divide land without sale
You will need to retain an attorney in Maine to partition the property. Please call me if I can be of any assistance in locating local counsel up in Maine.
Re: divide land without sale
This is an issue of mixed real estate law and survey/description. Unless there is a natural topographical feature that is an agreed upon boundary, then a surveyor will be needed to at least create the division and property description. A deed will still need to be prepared. A full boundary survey is not necessary as it is more expensive. I would be happy to see if I can assist and/or put you in touch with a surveyor or other Maine atty if you wish.
Re: divide land without sale
This may be achieved without sale by deeding a 50% equal interest from the both of you TO each of you. Refer to your original deed and speak with the county register/ recorder for poroper language, methods of taking new title, and costs.
Good luck.