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 happens to any debts or liens on the property during a partition action? Secured debts are paid from the sale of the property. Secured lenders named in a partition action are generally dismissed with an agreement to pay the mortgage at the time of the sale.
- 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
- Who pays for a partition action? In California, each party typically pays for their own attorney’s fees (known as the “American Rule”). However, California partition law allows for an exception to this rule, stating that “the court shall apportion the costs of partition among the parties in proportion to their interests or make such other apportionment as may be equitable.” California Code of Civil Procedure 874.040. Indeed, the court may award “reasonable attorney’s fees incurred or paid by a party for the common benefit.” California Code of Civil Procedure 874.010(a).
- Are there ways to make my partition action less expensive? There are numerous ways to obtain a less expensive partition action in California. For example, having your documents organized can ensure you don’t have to pay your attorney to go through a disorganized mess to get the information they need.
- How to force the sale of jointly owned property? A partition action is the only statutory method to ensure the end of the co-ownership dispute.
Our Loyola Village Partition Attorneys Know Los Angeles County
Loyola Village is a neighborhood in the Westchester district of Los Angeles, California. It is located near the Los Angeles International Airport and is bordered by the communities of Westchester, Playa del Rey, and Del Rey. The neighborhood is known for its quiet, residential atmosphere and its proximity to the beach. It is home to a variety of restaurants, shops, and other businesses, as well as a number of parks and recreational areas. The area is also home to Loyola Marymount University, which is located just south of the neighborhood.
Loyola Village is a neighborhood in the Westside of Los Angeles, California. It is bordered by Westchester to the south, Playa Vista to the west, and Del Rey to the east. The real estate in Loyola Village is primarily composed of single-family homes, condominiums, and townhomes. The majority of the homes in the area are mid-century modern style, with some Spanish-style homes as well. The area is also home to a few apartment buildings and commercial properties. The median home value in Loyola Village is $1,072,000, with the median rent being $3,400. The area is known for its close proximity to the beach, shopping, and entertainment.
Raftari v. Jafari – Partition Action Case Study
In the legal case of Raftari v. Jafari, 2007 WL 172117, B188003 (24-Jan-2007), the issue of partition was at the center of the dispute. The case involved a dispute between two siblings over the partition of their deceased father’s estate. The siblings had inherited the estate from their father, who had died without a will. The siblings had agreed to divide the estate equally, but the dispute arose when one of the siblings refused to sign the partition agreement. The court found that the partition agreement was valid and enforceable, and ordered the sibling to sign the agreement and divide the estate as agreed. The court also ordered the sibling to pay the other sibling’s attorney’s fees and costs. The case highlights the importance of having a valid and enforceable partition agreement in place when dividing an estate.
Contact an Experienced Partition Attorney in Loyola Village, 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.
Contact us Today for a Free Consultation with a Partition Attorney in Loyola Village, California
Our partition attorneys in Loyola Village also serve Westchester, Playa Del Rey, Playa Vista, and Ladera Heights
