Section 35-6-100 Court to provide for purchase of filing joint owners’ interests; notice by prospective purchasers. Upon the filing of any petition for a sale for division of any property, real or personal, held by joint owners or tenants in common, the court shall provide for the purchase of the interests of the joint owners […]
Section 35-6-101 Appointment of appraisers; report. In such circumstances as described in section 35-6-100, and in the event the parties cannot reach agreement as to the price, the value of the interest or interests to be sold shall be determined by one or more competent real estate appraisers or commissioners, as the court shall approve, […]
Section 35-6-102 Payment of appraised value into court; time period; transfer of title. After the report of the appraisers or commissioners, the tenants in common or joint owners seeking to purchase the interests of those filing the petition shall have 30 days to pay into the court the price set as the value of those […]
Section 35-6-103 Effect of failure to pay purchase price. Should the joint owners or tenants in common fail to pay the purchase price as provided in section 35-6-102, the court shall proceed according to its traditional practices in such cases as described in section 35-6-100. (Acts 1979, No. 79-334, p. 532, §4.)
Section 35-6-104 Costs of appraisal. The costs of the appraisers or commissioners shall be taxed as a part of the cost of court to those seeking to or purchasing the interests. (Acts 1979, No. 79-334, p. 532, §5.)
