When property is divided due to disagreement among heirs, the property is referred to as what?

When property is divided due to disagreement among heirs, it is referred to as partitioned. This term specifically describes the legal process where co-owners of a property, such as heirs or joint tenants, seek to divide their shared interest in the property into individual interests. Partitioning can occur through mutual agreement or, if an agreement cannot be reached, through a court-ordered process. The goal of partition is to resolve disputes and allow each party to have a manageable and identifiable share of the property.

In contrast, mortgaged involves property that is used as collateral for a loan, which does not directly relate to the division of property among heirs. Tenanted refers to a property that is occupied by a tenant under a lease agreement, which also does not address issues of inheritance or property division. Consolidated means combining multiple properties or interests into one, which is quite the opposite of partitioning. Understanding the terminology and processes related to property division is essential in real estate, especially in scenarios involving inheritance and estate settlement.