partition

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partition

The division of real property into separate parcels for joint owners who no longer wish to own the property together.If possible,a court must physically divide the property into shares of equal value and quality.If not possible,the court will order a sale of the property with the proceeds to be split among the owners.Partition actions are encountered most often when an owner of real property dies without a will but with several heirs.If they cannot agree on a disposition of the property, it will be partitioned. In the alternative, investors will often buy an undivided interest from a minority heir for very little money and then petition a court for partition.Usually the investor will be able to buy the property at the partition auction, because none of the other owners can afford to purchase the whole.The strategy is not intended to obtain a bargain price for property,because the court will usually order an appraisal and prohibit any owner from buying at a price less than the appraised value. Rather, the practice is intended to force property onto the market even though some or most of the other owners have no desire to sell.

References in periodicals archive ?
In the rare instance a client server needs to restore this data, its backup software is pointed to the correct logical volume on the IP SAN to copy the required data.
Virtualization is an inherent capability of enterprise storage arrays, which aggregate capacity from multiple fixed disk drives in a single physical frame and present logical volumes for host access.
As an added bonus, the system administrator has complete control over configuring the size and number of logical volumes presented to each client server, thus providing the ultimate flexibility in determining how much and how long backup data resides at disk speeds.
Linux has long had much of these volume and RAID management functionalities using the Logical Volume Manager (LVM) to configure volumes and Disk Druid to configure RAID volumes.
As the application happily chews up the physical capacity--all the while thinking it has 2 whole terabytes of space--the virtualization appliance assigns more physical space to the logical volume.
Clients can be diverse applications such as SRM tools, logical volume managers, and backup and recovery applications.
Like all Storage Concentrators in the StoneFly product family, the i2000 adds intelligent block-level logical volume management to existing IP networks to pool existing and new storage assets for efficient use, easy deployment and reduced backup and restore times.
The company's product set included IBM's HACMP (high availability for open systems), IBM's HAGEO (geographic disk replication), and IBM's Concurrent Logical Volume Manager, among many others.
In addition, logical volume management lets IT administrators isolate secondary storage from high-volume data center storage while delegating management authority to personnel at the workgroup or departmental level.