Partition; election to purchase.

Provides that a defendant in a suit for partition may elect to purchase the property at fair market value. If the election to purchase fails to close and title fails to pass to the petitioner for any reason, then the court may order that the petitioner pay reasonable attorney fees and costs to the opposing party. The bill further provides that only if the election fails or no party elects to purchase the property may the court proceed with allotting the property to one or more parties.