The Uniform Partition of Heirs Property Act establishes a framework for handling partition actions involving real property owned by multiple parties, particularly when at least one owner has inherited their interest from a relative. The act defines key terms such as "heirs property," "partition by sale," and "partition in kind," and outlines the procedures for determining the property's fair market value, appointing special masters or commissioners, and notifying parties involved in the partition action. It emphasizes the need for a fair and equitable process, allowing cotenants to buy out interests before a court-ordered sale occurs.

Additionally, the act modifies existing laws to ensure that partition actions are conducted in a manner that respects the familial relationships among cotenants and the unique nature of heirs property. It includes provisions for the court to consider various factors when determining whether to order a partition in kind or by sale, ensuring that the interests of all parties are taken into account. The act will take effect 30 days after enactment and will apply to any partition actions filed thereafter.