"Uniform Partition of Heirs Property Act"; provides alternative process for handling partition actions filed in court concerning real property with multiple owners, at least one of whom had acquired title from relative.

This bill creates a new process for dividing family-owned property when multiple owners inherited shares from relatives. It applies to real estate held in tenancy in common where at least 20% of ownership is tied to family relationships. The key change requires courts to first appoint a special master to determine fair market value, then offer other owners the chance to buy out those seeking to sell before forcing a sale or division. This replaces the standard court-ordered sale process for qualifying "heirs property," aiming to preserve family ownership through a structured buyout option.