Monrovia Co-Ownership Disputes
Our team of partition attorneys in Los Angeles can assist co-owners with frequently asked questions about partitions, such as:
- What are the tax implications of a partition action? It is best to seek the advice of a tax attorney or CPA about tax issues. However, the most common tax issues in partitions, like other sales, can involve capital gains taxes and the potential partial or full reassessment of property taxes.
- 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.
- 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.
- Do I need to go to court to win a partition action? While the partition action must be filed with the court, partition actions rarely involve a trial in which the co-owners appear at court. This means it is extremely unlikely that you will need to step foot in a courtroom. Most partition work is done by motion practice involving tentative rulings with little interaction between the court and the attorneys, let alone the co-owners.
- Can heirs force the sale of property? Heirs can force the sale of real property in California once that property is distributed to them. However, sometimes, the property is still held in a trust where the trustee will sell the property. When there is no trust, the probate court may decide that the probate administrator will sell the property before it is distributed in fractional interests to the heirs.
Our Monrovia Partition Attorneys Know Los Angeles County
Monrovia is a city located in the foothills of the San Gabriel Mountains in Los Angeles County, California. It is the fourth oldest general law city in Los Angeles County and the L.A. metropolitan area. Monrovia is known for its small-town charm and is home to a variety of businesses, restaurants, and parks. The city is also home to the Monrovia Historical Museum, which showcases the city’s history and culture. Monrovia is a great place to live, work, and play, and is a popular destination for visitors from all over the world.
Monrovia, California was founded in 1886 by two men, William Monroe and Isaac Monroe. The city was named after William Monroe, who was a railroad official. The city was incorporated in 1887 and was the first city in Los Angeles County to incorporate. Monrovia was a popular destination for people looking to escape the hustle and bustle of Los Angeles. The city was known for its citrus groves and was home to many citrus packing houses. In the early 1900s, Monrovia was a popular tourist destination and was home to many resorts and hotels. The city experienced a population boom in the 1950s and 1960s, and today is home to over 40,000 people. Monrovia is known for its small-town charm and is a popular destination for visitors looking to explore the San Gabriel Valley.
Romanchek v. Romanchek – Partition Action Case Study
In the legal case of Romanchek v. Romanchek, 248 Cal.App.2d 337 (1967), the issue of partition was at the center of the dispute. The case involved a dispute between two siblings over the partition of their parents’ estate. The siblings had inherited the estate from their parents, who had died without a will. The siblings had agreed to partition the estate, but the agreement was never formalized. The court found that the siblings had agreed to partition the estate, but that the agreement was not binding because it was not in writing. The court also found that the siblings had not taken any action to partition the estate, and that the estate had not been partitioned in accordance with the agreement. The court held that the siblings were entitled to partition the estate, but that the partition must be done in accordance with the agreement.
Contact an Experienced Partition Attorney in Monrovia, California
If you want to end your co-ownership relationship, but your co-owner refuses, a partition action is your only option. Our experienced partition lawyers serving Monrovia 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 (626) 777-3300 or fill out a contact form online.
Contact us Today for a Free Consultation with a Partition Attorney in Monrovia, California
Our partition attorneys in Monrovia also serve Pasadena, Arcadia, Duarte, Azusa, Glendora, San Gabriel Valley, Bradbury, and Sierra Madre
