What legal procedure is used to divide the interests of co-owners in real property?

The correct answer is "Partition" because this legal procedure is specifically designed to address the division of interests among co-owners in real property. When multiple parties have ownership interests in a property, they may not be in agreement regarding the management or use of the property. Partition allows for a formal process to divide the property into separate, individually-owned portions or, in some cases, to sell the property and distribute the proceeds among the owners.

This process can resolve disputes and clarify ownership rights, ensuring that each co-owner can exercise control over their share of the property. It can take the form of a physical division of the land or a legal partition involving court proceedings if the co-owners do not agree on how to divide the property.

Other options such as sale, distribution, or liquidation do not specifically pertain to the division of interests among co-owners in the same robust legal manner as partition does. Sale refers broadly to the transfer of ownership, distribution typically involves the allocation of property or assets but does not imply the formal division of real property interests among co-owners, and liquidation often pertains to the conversion of assets into cash, usually in financial contexts rather than specifically real estate. Hence, partition stands out as the appropriate term for the legal procedure in