Current with legislation from the 2024 Regular and Special Sessions.
Section 52-503m - Partition alternatives(a) If all the interests of all cotenants that requested partition by sale are not purchased by other cotenants pursuant to section 52-503l, or if after conclusion of the buyout under section 52-503l, a cotenant remains that has requested partition in kind, the court shall order partition in kind unless the court, after consideration of the factors listed in section 52-503n, finds that partition in kind will result in manifest prejudice to the cotenants as a group. In considering whether to order partition in kind, the court shall approve a request by two or more parties to have their individual interests aggregated.(b) If the court does not order partition in kind under subsection (a) of this section, the court shall order partition by sale pursuant to section 52-503o or, if no cotenant requested partition by sale, the court shall dismiss the action.(c) If the court orders partition in kind pursuant to subsection (a) of this section, the court may require that one or more cotenants pay one or more other cotenants amounts so that the payments, taken together with the value of the in-kind distributions to the cotenants, will make the partition in kind just and proportionate in value to the fractional interests held.(d) If the court orders partition in kind, the court shall allocate to the cotenants who are unknown, cannot be located, or the subject of a default judgment, if their interests were not bought out pursuant to section 52-503l, a part of the property representing the combined interests of such cotenants as determined by the court and this part of the property shall remain undivided.Conn. Gen. Stat. § 52-503m
Added by P.A. 15-0234, S. 8 of the Connecticut Acts of the 2015 Regular Session, eff. 10/1/2015.