Jointly Owned Property Issues in Agoura Hills
Our team of partition attorneys in Los Angeles can assist co-owners with frequently asked questions about partitions, such as:
- Can a partition action be filed for both real property and personal property in California? Yes, all co-owned real and personal property can be partitioned under California law. Cal. Civ. Proc. Code § 872.020.
- Can a minority owner force the sale of a property? There is no requirement for a majority vote for partition. Rather, an co-owner of any interest in property can force the sale.
- How long will it take for the plaintiff to receive his or her share of the sales proceeds? Usually, the property is marketed for sale or purchased by the defendant in 3 to 6 months. If a referee is appointed, that may take 6 to 9 months. With proper drafting of an interlocutory judgment of partition by sale, the referee can be required to disburse the proceeds promptly at the close of escrow or shortly thereafter.
- How much does a partition action cost? The cost of a partition action can vary widely depending on the complexity of the case.The average cost of a partition is around $20,000. However, difficulty locating a defendant, the motion to appoint a partition referee, delay tactics by defendants, and other issues may raise the cost of your partition action. An experienced partition lawyer can mitigate costs and resolve your co-ownership dispute with maximum efficiency.
- What is a partition referee? A partition referee is a neutral third party, often times a lawyer or real estate broker, who completes the sale for the co-owners under court authority. The referee is then paid for their services either on an hourly, flat fee, or commission basis, and is relieved by the court of their duties in the case.
Our Agoura Hills Partition Attorneys Know Los Angeles County
Agoura Hills is a city located in Los Angeles County, California. It is located in the eastern Conejo Valley between the Simi Hills and the Santa Monica Mountains. The city is known for its expansive views of the Santa Monica Mountains and its proximity to Malibu and the beaches of the Pacific Ocean. Agoura Hills is home to many celebrities and is known for its upscale neighborhoods and excellent schools. The city is also home to a variety of outdoor activities, including hiking, biking, and horseback riding. Agoura Hills is a great place to live for those who want to be close to the city but still enjoy the beauty of nature.
Agoura Hills, California is a beautiful city located in the Santa Monica Mountains, just north of Los Angeles. It is known for its picturesque views, excellent schools, and close proximity to the beach. The real estate market in Agoura Hills is diverse and offers a variety of housing options. Single-family homes: Agoura Hills is home to a variety of single-family homes, ranging from traditional ranch-style homes to modern, luxury estates. Many of these homes feature stunning views of the surrounding mountains and valleys. Condos and townhomes: Condos and townhomes are a popular option in Agoura Hills, offering a more affordable option for those looking to live in the area. These homes are typically smaller than single-family homes and offer amenities such as pools, fitness centers, and clubhouses. Apartments: Apartments are a great option for those looking for a more affordable option in Agoura Hills. These units typically offer amenities such as pools, fitness centers, and clubhouses. Commercial properties: Agoura Hills is home to a variety of commercial properties, including office buildings, retail stores, and restaurants. These properties offer a great opportunity for businesses to establish a presence in the area. Land: Agoura Hills is home to a variety of undeveloped land, offering a great opportunity for those looking to build their dream home or develop a commercial property.
Bordessa v. Lanker – Partition Action Case Study
In the legal case of Bordessa v. Lanker, 2007 WL 906731, A113226 (27-Mar-2007) , the issue of partition was at the center of the dispute. The case involved a dispute between two siblings over the ownership of a family home. The siblings had inherited the home from their parents, and the dispute arose when one sibling wanted to sell the home and the other wanted to keep it. The court had to decide whether the siblings could partition the home, meaning that they would divide the home into two separate properties, or whether the home should be sold and the proceeds divided between the siblings. The court ultimately ruled that the home could not be partitioned, and that it should be sold and the proceeds divided between the siblings.
Contact an Experienced Partition Attorney in Agoura Hills, California
If you want to end your co-ownership relationship, but your co-owner won’t agree, a partition action is your only option. Our experienced partition lawyers serving Agoura Hills have years of experience ending co-ownership disputes in California and can help you unlock the equity in your Los Angeles County property. For a free, 15-minute consultation with a knowledgeable partition attorney at Partition Lawyer California, call (818) 900-7700 or fill out a contact form online.
Contact us Today for a Free Consultation with a Partition Attorney in Agoura Hills, California
Our partition attorneys in Agoura Hills also serve Westlake Village, Thousand Oaks, Calabasas, Malibu, and Oak Park
