Understanding Co-Ownership in Los Angeles County
Our team of partition attorneys in Los Angeles can assist co-owners with frequently asked questions about partitions, such as:
- Who can file a partition action in California? Generally, any co-owner of real property can file a partition action.
- 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 long will it take to get the property partitioned and sold? Most commonly, 3 to 6 months is all that it takes for the defendant to agree to a sale or buyout the plaintiff’s interest in the property for a fair value. Some cases may take 6 to 12 months.
- What are my partition rights for inherited property? Co-owners of inherited property generally have the absolute right to force the sale of the property through a partition action.
- Can I recover my attorney’s fees in a partition action? Yes, you can recover your legal fees in a partition action through a motion for attorney’s fees. However, most partitions settle, and most settlements involve a walk-away of attorney’s fees, meaning it important to hire a partition attorney who will handle the matter efficiently since each party is likely to pay their own fees.
Our Hancock Park Partition Attorneys Know Los Angeles County
Hancock Park is a historic neighborhood located in the Mid-Wilshire district of Los Angeles, California. It is bordered by Wilshire Boulevard to the north, Melrose Avenue to the east, La Brea Avenue to the south, and Fairfax Avenue to the west. The neighborhood is known for its large homes, lush gardens, and tree-lined streets. It is home to many celebrities, including actors, directors, and producers. The neighborhood is also home to the Los Angeles County Museum of Art, the Petersen Automotive Museum, and the La Brea Tar Pits. The area is also known for its many restaurants, cafes, and boutiques.
Hancock Park is a historic neighborhood in Los Angeles, California. It is known for its beautiful homes, lush gardens, and tree-lined streets. The types of real estate in Hancock Park include single-family homes, townhomes, condominiums, and multi-family dwellings. Single-family homes are the most common type of real estate in Hancock Park, and they range from traditional Spanish-style homes to modern contemporary designs. Townhomes are also popular in the area, and they offer a more affordable option for those looking to live in the neighborhood. Condominiums are also available, and they offer a great option for those looking for a low-maintenance lifestyle. Multi-family dwellings are also available, and they provide an excellent option for those looking to invest in the area.
Evenson v. Brown – Partition Action Case Study
In the legal case of Evenson v. Brown, 2010 WL 2991682, C059930 (2-Aug-2010), 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 should be allowed to partition the home, meaning that each sibling would receive a portion of the home, or whether the home should be sold and the proceeds divided between the siblings. The court ultimately ruled that the home should be partitioned, with each sibling receiving a portion of the home.
Contact an Experienced Partition Attorney in Hancock Park, 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 (213) 933-3300 or fill out a contact form online.
Contact us Today for a Free Consultation with a Partition Attorney in Hancock Park, California
Our partition attorneys in Hancock Park also serve Larchmont Village, Windsor Square, Miracle Mile , Fairfax, Mid-Wilshire, and Koreatown
