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Updated 2 months ago,
Buying out a partner
I’m looking for best practices, DOs and DON’Ts, links to resources and general wisdom from experience on buying out a partner. I have a duplex and need to buy out my partner. We’re 50/50 partners/owners in the property because we live in a community property state. Our legal status has changed, and he wants to be bought out. Is a buyout pretty straightforward or are there things to avoid that I need to be aware of?