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What Is A Lawsuit For Dissolution Of Partnership?

What Is A Lawsuit For Dissolution Of Partnership?

A lawsuit for the dissolution of partnership is a type of lawsuit that terminates the shareholding between the partners in movable or immovable property subject to shared or joint ownership and enables the transition to personal ownership and has similar consequences for all parties to the lawsuit.

-Unless there is an obligation to continue the shared ownership due to a legal transaction or due to the fact that the shared property is dedicated to a permanent purpose, each of the shareholders may request the sharing of the property.

The right to request sharing may be limited by a legal transaction for a maximum period of ten years. Agreements regarding the continuation of shared ownership in immovable property are subject to official form and may be annotated in the land registry.

A request for sharing cannot be made at an inappropriate time.

 

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