Jointly Owned Property Issues in San Dimas
Our team of partition attorneys in Los Angeles can assist co-owners with frequently asked questions about partitions, such as:
- What is a partition action and when is it necessary?
- Can a minority owner force the sale of a property? There is no requirement for a majority vote for partition. Rather, an co-owner of any interest in property can force the sale.
- What is a partition referee? A partition referee is a neutral third party, often times a lawyer or real estate broker, who completes the sale for the co-owners under court authority. The referee is then paid for their services either on an hourly, flat fee, or commission basis, and is relieved by the court of their duties in the case.
- Who can file a partition action in California? Generally, any co-owner of real property can file a partition action.
- 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.
Our San Dimas Partition Attorneys Know Los Angeles County
San Dimas is a city located in the San Gabriel Valley of Los Angeles County, California. It is located about 30 miles east of downtown Los Angeles. The city is known for its small-town charm and its proximity to the Angeles National Forest. San Dimas is home to a variety of businesses, including retail stores, restaurants, and professional services. The city is also home to several parks, including Frank G. Bonelli Regional Park, which offers a variety of recreational activities, including swimming, fishing, and boating. San Dimas is also home to the San Dimas Festival of Arts, which is held annually in the spring.
San Dimas, California is a city located in Los Angeles County. It is known for its small-town charm and is a popular destination for outdoor activities. The real estate market in San Dimas is diverse and offers a variety of housing options. Single-family homes are the most common type of real estate in San Dimas. These homes range from small starter homes to large luxury homes. There are also a variety of condominiums and townhomes available in the area. Apartments and rental properties are also popular in San Dimas. These properties range from studio apartments to large multi-bedroom units. Commercial real estate is also available in San Dimas. This includes office buildings, retail stores, and industrial properties. Finally, there are also a variety of land parcels available in San Dimas. These parcels range from small lots to large acreage.
Schoonover v. Birnbaum – Partition Action Case Study
In the legal case of Schoonover v. Birnbaum, 150 Cal. 734 (1907), the California Supreme Court was asked to decide whether a partition of real property was valid. The dispute arose when two brothers, John and William Schoonover, inherited a parcel of land from their father. The brothers agreed to divide the land into two equal parts, with John taking the northern half and William taking the southern half. However, when the partition was completed, it was discovered that the two halves were not equal in size. William’s portion was larger than John’s, and John argued that the partition was invalid. The court ultimately held that the partition was valid, but that William was required to pay John for the difference in value between the two portions. This case highlights the importance of ensuring that a partition of real property is done correctly, as any discrepancies can lead to costly disputes.
Contact an Experienced Partition Attorney in San Dimas, 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 San Dimas 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 (909) 577-3300 or fill out a contact form online.
Contact us Today for a Free Consultation with a Partition Attorney in San Dimas, California
Our partition attorneys in San Dimas also serve La Verne, Glendora, Pomona, Covina, Azusa, and Claremont
