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:
- 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.
- What is a partition action and when is it necessary?
- 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.
- What are the potential outcomes of a partition action? The most likely outcome in a partition action is that the plaintiff receives fair value for their interest in the property either through a sale to a third party or to the defendant. In rare cases, a property can be divided, through this is not applicable to single family residences with no surplus land.
- What are the costs associated with a partition action? The costs of a partition action generally involve the attorney’s fees, and court costs, but can involve referee fees and broker’s fees if the property is sold.
Our Sylmar Square Partition Attorneys Know Los Angeles County
Sylmar Square is a neighborhood in the San Fernando Valley region of Los Angeles, California. It is located in the Sylmar area, just north of the 210 Freeway. The neighborhood is known for its diverse population, with a mix of families, young professionals, and retirees. It is also home to a variety of businesses, including restaurants, shops, and services. The area is also home to several parks, including Sylmar Park and the Sylmar Recreation Center. The neighborhood is served by the Los Angeles Unified School District, with several elementary and middle schools in the area.
Sylmar Square is a neighborhood in the San Fernando Valley of Los Angeles, California. It is located in the Sylmar area, which was originally part of the Rancho San Francisco land grant. The area was first settled in the late 19th century by farmers and ranchers, and the first post office was established in 1887. In the early 20th century, the area was developed as a residential neighborhood, and the Sylmar Square Shopping Center was built in the 1950s. The area has since become a diverse, multi-ethnic community, with a mix of single-family homes, apartments, and businesses.
Kitchen v. Angelel – Partition Action Case Study
In the legal case of Kitchen v. Angelel, 2002 WL 31383537, A096668 (23-Oct-2002), 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 mother’s estate. The siblings had inherited the estate in equal shares, but the sister, Angelel, wanted to partition the estate so that she could receive a larger share. The brother, Kitchen, argued that the partition was not necessary and that the estate should remain undivided. The court ultimately ruled in favor of Kitchen, finding that the partition was not necessary and that the estate should remain undivided. The court also found that Angelel had failed to prove that partition was necessary or that it would be in the best interests of the estate.
Contact an Experienced Partition Attorney in Sylmar Square, 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 (818) 900-7700 or fill out a contact form online.
Contact us Today for a Free Consultation with a Partition Attorney in Sylmar Square, California
Our partition attorneys in Sylmar Square also serve Lake View Terrace, Pacoima, San Fernando, Mission Hills, and Granada Hills
