Understanding Co-Ownership in Santa Barbara County
Our team of partition attorneys in Santa Barbara can assist co-owners with frequently asked questions about partitions, such as:
- 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 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.
- How do I file a partition action? Partition actions must be filed in the county where some or all of the co-owned real property is located by way of a partition complaint. While filing the complaint is relatively easy, reaching the end of the partition as quickly and efficiently as possible requires the skill of an experienced partition attorney.
- What is a partition action and when is it necessary?
- Can I still file a partition if my co-owner has filed for bankruptcy? Yes, the partition action can generally be filed in the bankruptcy court or the bankruptcy court can apply state partition law to allow offsets when the co-owned property is sold by the bankruptcy trustee.
Our Solvang Partition Attorneys Know Santa Barbara County
Solvang is a small city located in the Santa Ynez Valley of Santa Barbara County, California. It is known for its Danish-style architecture and for being a popular tourist destination. The city was founded in 1911 by a group of Danish-Americans who wanted to create a Danish-style village in the United States. Today, Solvang is home to a variety of Danish-style buildings, including windmills, bakeries, and restaurants. The city also features a variety of shops, galleries, and museums, as well as a number of wineries and tasting rooms. Solvang is a great place to visit for its unique architecture, culture, and food.
Solvang, California is a small town located in the Santa Ynez Valley of Santa Barbara County. It is known for its Danish-style architecture and is a popular tourist destination. The types of real estate in Solvang include single-family homes, condominiums, townhomes, and land. Single-family homes are the most common type of real estate in Solvang, with many of them featuring traditional Danish-style architecture. Condominiums and townhomes are also available, offering a more affordable option for those looking to purchase a home in the area. Land is also available for those looking to build their own home or develop a commercial property.
Kim v. Ai Soo Song Kim – Partition Action Case Study
In the legal case of Kim v. Ai Soo Song Kim, 2017 WL 3498916, B267969 (16-Aug-2017) , the issue of partition was at the center of the dispute. The plaintiff, Kim, sought to partition a parcel of real property that was owned by the defendant, Ai Soo Song Kim. The defendant argued that the property was not subject to partition because it was held in joint tenancy with right of survivorship. The court found that the property was subject to partition because the defendant had failed to provide evidence that the parties had intended to create a joint tenancy with right of survivorship. The court also found that the defendant had failed to provide evidence that the parties had agreed to a partition agreement. The court ultimately ordered the property to be partitioned in accordance with the plaintiff’s request.
Contact an Experienced Partition Attorney in Solvang, 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 Solvang have years of experience ending co-ownership disputes in California and can help you unlock the equity in your Santa Barbara County property. For a free, 15-minute consultation with knowledgeable partition attorney at Partition Lawyer California, call (805) 880-8800 or fill out a contact form online.
Contact us Today for a Free Consultation with a Partition Attorney in Solvang, California
Our partition attorneys in Solvang also serve Santa Ynez Valley, Buellton, Los Olivos, Santa Barbara County, Santa Ynez, and Ballard
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