How Is Sharing In The Elimination Of Partnership?
Sharing is carried out by dividing the property in kind or by selling it through negotiation or auction and dividing its value.
If there is no agreement on the method of division, upon the request of one of the shareholders, the judge decides to divide the property in kind, and if the values of the divided parts are not equal to each other, the judge decides to provide equalization by adding money to the part with the missing value.
If the request for division is not deemed appropriate to the circumstances and conditions, and especially if it is not possible to divide the shared property without a significant loss of value, a sale by auction shall be ordered. The decision to order the sale by auction among the shareholders is subject to the consent of all the shareholders.
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