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:
- What is California’s Partition of Real Property Act? Effective January 1, 2023, California’s new partition law allows defendants to buy out the interests of the plaintiff at an appraised value.
- 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.
- Are there methods to resolve a partition situation without a court-ordered sale? The vast majority of partitions are solved without a court-ordered sale. Many times, the defendant will buy out the plaintiff’s interest. Other times, the parties will agree to a voluntary sale on the open market. However, the filing of the partition action is generally what forces the defendant to see the wisdom of settlement. Under California’s Partition of Real Property Act, a defendant can buy out the interest of the plaintiff at an appraised value, meaning that a court-ordered sale is only likely occur where the defendant simply can’t afford to buy the property but still won’t agree to sell.
- 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.
- 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.
Our La Verne Partition Attorneys Know Los Angeles County
La Verne is a city located in the eastern part of Los Angeles County, California. It is situated in the foothills of the San Gabriel Mountains, about 30 miles east of downtown Los Angeles. The city is known for its small-town charm and friendly atmosphere. La Verne is home to the University of La Verne, a private liberal arts college, and the historic Old Town La Verne. The city is also home to several parks, including the La Verne Nature Center, which offers a variety of outdoor activities. La Verne is a great place to live, work, and play, with its close proximity to Los Angeles and its many attractions.
La Verne, California is a city located in the San Gabriel Valley of Los Angeles County. It is known for its small-town charm and is home to a variety of real estate options. Single-Family Homes: La Verne is home to a variety of single-family homes, ranging from traditional ranch-style homes to modern two-story homes. Many of these homes are located in established neighborhoods with mature trees and landscaping. Condos and Townhomes: La Verne also offers a variety of condos and townhomes. These properties are typically located in newer developments and offer amenities such as swimming pools, fitness centers, and clubhouses. Apartments: La Verne is home to a variety of apartment complexes, ranging from affordable studios to luxury units. Many of these complexes offer amenities such as swimming pools, fitness centers, and clubhouses. Commercial Properties: La Verne is home to a variety of commercial properties, including office buildings, retail stores, and industrial warehouses. Land: La Verne also offers a variety of land for sale, ranging from small lots to large parcels. These properties are ideal for those looking to build their own home or develop a commercial property.
Shelton v. Vance – Partition Action Case Study
In the legal case of Shelton v. Vance, 106 Cal.App.2d 194 (1951), the issue was whether a partition of real property was valid. The plaintiffs, the Sheltons, owned a parcel of real property with their brother, the defendant, Vance. The Sheltons sought to partition the property, but Vance objected, claiming that the partition would be inequitable. The court found that the partition was valid, but that the Sheltons were not entitled to a partition of the property in the form they requested. The court held that the partition should be made in a manner that would be equitable to all parties, and that the Sheltons should not be allowed to benefit from the partition at the expense of Vance.
Contact an Experienced Partition Attorney in La Verne, 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 La Verne 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 (909) 577-3300 or fill out a contact form online.
Contact us Today for a Free Consultation with a Partition Attorney in La Verne, California
Our partition attorneys in La Verne also serve San Dimas, Claremont, Pomona, Glendora, Upland, and Rancho Cucamonga
