Jointly Owned Property Issues in Los Angeles
Our team of partition attorneys in Los Angeles can assist co-owners with frequently asked questions about partitions, such as:
- What types of properties can be subject to a partition action in California? All co-owned real or personal property can be partitioned under California law. Cal. Civ. Proc. Code § 872.020.
- How long does a partition action take in California?” Most partition actions are complete in 3 to 6 months because most cases settle in either a buyout or agreed sale. However, some cases can drag on for 6 to 12 months.
- Can a partition action be stopped? Generally, a partition action cannot be stopped, but a defendant may be able to buy time to seek a resolution. Eventually, however, the plaintiff can generally force the sale of the property based on the absolute right to partition.
- Can we negotiate a settlement instead of going through a partition action? We find that the best solution is to file the partition action, then negotiate a settlement. Defendants often reach a more reasonable settlement when they are being advised by a partition attorney who will explain that the plaintiff is very likely to obtain the sale of the property.
- Can I be forced into selling a jointly owned house? Under California’s Partition of Real Property Act, a co-owner will have a right to buyout the property. However, absent a buy out at the appraised price, a plaintiff will likely be able to force the sale of a jointly owned house.
Our Beverly Glen Partition Attorneys Know Los Angeles County
Beverly Glen is a neighborhood located in the foothills of the Santa Monica Mountains in Los Angeles, California. It is bordered by Bel Air to the east, Beverly Hills to the south, and Sherman Oaks to the north. The area is known for its winding, hilly streets and lush, green landscape. It is home to many celebrities and affluent residents, and is known for its quiet, residential atmosphere. The area is also home to a variety of restaurants, shops, and entertainment venues.
Beverly Glen is a small, affluent neighborhood in the foothills of the Santa Monica Mountains in Los Angeles, California. It is known for its winding roads, lush vegetation, and stunning views of the city. The types of real estate in Beverly Glen include single-family homes, townhomes, condominiums, and multi-family dwellings. Single-family homes are the most common type of real estate in Beverly Glen, with many of them featuring large yards and stunning views of the city. Townhomes and condominiums are also popular in the area, offering a more affordable option for those looking to live in the area. Multi-family dwellings are also available, providing an opportunity for investors to purchase multiple units in one building.
Polk v. Polk – Partition Action Case Study
In the legal case of Polk v. Polk, 2009 WL 2614292, A119043, A122220, A120366, A120512 (26-Aug-2009), the partition issues revolved around the division of a family-owned property. The property in question was owned by the Polk family, and the dispute was between two siblings, Robert and Mary Polk. Robert and Mary had inherited the property from their parents, and the dispute arose when Robert wanted to sell the property and Mary wanted to keep it. The court had to decide how to divide the property between the two siblings. The court ultimately decided to partition the property, meaning that the property would be divided into two separate parts, with each sibling receiving one part. The court also ordered that the proceeds from the sale of the property would be divided equally between the two siblings.
Contact an Experienced Partition Attorney in Beverly Glen, 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 Los Angeles 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 (310) 496-3300 or fill out a contact form online.
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Our partition attorneys in Beverly Glen also serve Bel Air, Sherman Oaks, Encino, Studio City, and Westwood
