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KembaraXtra – Legal Terms – Partition
Partition refers to the formal division of property or authority into separate parts.
In land law, it commonly means dividing land held jointly so that each co-owner receives an individual share separately owned.
Partition may occur voluntarily by deed or by court order.
The term may also refer to the division of territory between governments or the allocation of governmental powers between federal and state authorities.
In company law, partition may describe the transfer or division of different business undertakings into separate companies.
Partition refers to the formal division of property or authority into separate parts.
In land law, it commonly means dividing land held jointly so that each co-owner receives an individual share separately owned.
Partition may occur voluntarily by deed or by court order.
The term may also refer to the division of territory between governments or the allocation of governmental powers between federal and state authorities.
In company law, partition may describe the transfer or division of different business undertakings into separate companies.
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