Jointly Owned Property Issues in
Our team of partition attorneys in Inyo 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 are the costs associated with a partition action? The costs of a partition action generally involve the attorney’s fees, and court costs, but can involve referee fees and broker’s fees if the property is sold.
- When is a partition action right for my dispute? Generally, parties who can reach their own resolution of a co-ownership dispute are not reading websites about partition law. If you are reading this article, chances are that your co-ownership dispute has reached a level where legal options are being considered. Filing a partition action will bring about a certain result to the co-ownership dispute, rather than letting it linger for years on end. However, if the parties are very close to a settlement, it may be wise to consider a resolution.
- 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.
- 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.
Our Inyo County Partition Attorneys Know Inyo County
Inyo County is a county located in the east-central part of the U.S. state of California. As of the 2010 census, the population was 18,546. The county seat is Independence. The county is named after the Inyo Mountains, which are located in the county. Inyo County is on the east side of the Sierra Nevada and southeast of Yosemite National Park in Central California. It contains the Owens River Valley; it is flanked to the west by the Sierra Nevada and to the east by the White Mountains and the Inyo Mountains. Mount Whitney, the highest peak in the contiguous United States, is on Inyo County’s western border. The Badwater Basin in Death Valley National Park, the lowest place in North America, is in eastern Inyo County. The two points are not visible from each other, but both can be observed from the Panamint Range on the west side of Death Valley, above the Panamint Valley.
Inyo County, California is home to a variety of real estate types. The county is known for its rural and remote areas, and as such, there are many properties available for purchase that are ideal for those looking for a rural lifestyle. These properties include single-family homes, ranches, farms, and cabins. In addition, Inyo County is home to some of the most beautiful and sought-after vacation properties in the state. These properties include lakefront homes, mountain cabins, and ski chalets. The county also has a number of commercial properties available, including office buildings, retail stores, and industrial sites. Finally, Inyo County is home to some of the most desirable land in the state. These properties include undeveloped land, agricultural land, and land suitable for development.
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 Inyo County, California
If you want to end your co-ownership relationship, but your co-owner disagrees, a partition action is your only option. Our experienced partition lawyers serving have years of experience ending co-ownership disputes in California and can help you unlock the equity in your Inyo County property. For a free, 15-minute consultation with an experienced partition attorney at Partition Lawyer California, call (760) 999-3300 or fill out a contact form online.
Contact us Today for a Free Consultation with a Partition Attorney in Inyo County, California
Our partition attorneys in Inyo County also serve Bishop, Lone Pine Independence, Lone Pine, Big Pine, Independence, and Mammoth Lakes
