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:
- 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.
- 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.
- 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.
- What are the steps involved in a partition action in California? The first step is to file a partition complaint in California, which is followed by a request for the court to enter an interlocutory judgment of partition, thereby appointing a partition referee under the partition statutes.
- In a partition action, can I be reimbursed for paying more than my fair share of the down payment? Yes, partition actions allow for offsets whereby one co-owner claims excess payments for mortgage, taxes, insurance, improvements, repairs and other property expenses
Our Chatsworth Partition Attorneys Know Los Angeles County
Chatsworth is a neighborhood in the northwestern San Fernando Valley region of Los Angeles, California. It is bordered by the Santa Susana Mountains to the north, Porter Ranch and Northridge to the east, Canoga Park to the south, and the Simi Hills to the west. Chatsworth is home to a diverse population of over 44,000 people, and is known for its rural atmosphere and large open spaces. The area is home to a variety of businesses, including a large industrial park, and is served by the Los Angeles Unified School District. Chatsworth is also home to a number of parks and recreational areas, including the Chatsworth Reservoir, which is a popular spot for fishing, boating, and other outdoor activities.
Chatsworth, California is a neighborhood in the San Fernando Valley region of Los Angeles. It is known for its rolling hills, mountain views, and rural atmosphere. The types of real estate in Chatsworth include single-family homes, townhomes, condominiums, and multi-family dwellings. Single-family homes are the most common type of real estate in Chatsworth, with many of them featuring large yards and mountain views. Townhomes are also popular in Chatsworth, with many of them offering modern amenities and easy access to nearby shopping and dining. Condominiums are also available in Chatsworth, with many of them offering luxury amenities and convenient access to the area’s attractions. Multi-family dwellings are also available in Chatsworth, with many of them offering multiple units in one building.
Malone v. Taylor – Partition Action Case Study
In the legal case of Malone v. Taylor, 2019 WL 4023725, A151906 (27-Aug-2019), the partition issues revolved around the ownership of a parcel of real property located in Santa Cruz County, California. The property was owned by the Malone family, who had inherited it from their father. The Malones had been living on the property for over 30 years, but had never obtained a deed to the property. In 2017, the Malones filed a partition action against their neighbor, Taylor, who had recently purchased the property from the Malones’ father. The Malones argued that they had an equitable interest in the property, and that Taylor had no right to purchase the property without their consent. The court ultimately found that the Malones had an equitable interest in the property, and ordered that the property be partitioned between the two parties.
Contact an Experienced Partition Attorney in Chatsworth, 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 an experienced 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 Chatsworth, California
Our partition attorneys in Chatsworth also serve Northridge, Porter Ranch, Granada Hills, Canoga Park, and Simi Valley
