Torrance Partition Lawyer

Jointly Owned Property Issues in Torrance

Our team of partition attorneys in Los Angeles can assist co-owners with frequently asked questions about partitions, such as:

  • What is the timeline for a California partition action? Most partition actions are resolved in 3 to 6 months by way of settlement. Other cases can take 6 to 12 months to obtain an interlocutory judgment of partition, which generally appoints a referee to sell the property.
  • 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.
  • 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.
  • What are the different types of partition in California? Almost all partition actions are partition by sale, though partition in-kind allows the property to be divided, while a partition by appraisal allows the purchase by one-co-owner at an appraised value.
  • 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.

Partition Attorney in Torrance, California - Los Angeles County Partition Lawyer

Our Torrance Partition Attorneys Know Los Angeles County

Torrance is a city located in the South Bay region of Los Angeles County, California. It is the eighth-largest city in Los Angeles County and the 33rd-largest city in California. Torrance is known for its low crime rate, excellent schools, and beautiful beaches. The city is home to a variety of businesses, including aerospace, automotive, and medical technology companies. Torrance is also home to a number of parks, golf courses, and recreational facilities. The city is also known for its vibrant arts and culture scene, with a number of galleries, museums, and performing arts venues.

Torrance, California was founded in 1912 by Jared Sidney Torrance, a real estate developer from the Midwest. He purchased 1,440 acres of land in the area and began to develop it into a planned community. The city was incorporated in 1921 and was named after Jared Sidney Torrance. The city grew rapidly in the 1920s and 1930s, becoming a popular destination for vacationers and retirees. During World War II, the city was home to a large number of defense contractors and military personnel. After the war, the city continued to grow and develop, becoming a major center for aerospace and automotive manufacturing. Today, Torrance is a thriving city with a population of over 150,000. It is home to a number of major corporations, including Honda, Toyota, and Honeywell. The city is also known for its beautiful beaches, parks, and recreational activities.

Donlon v. Donlon – Partition Action Case Study

In the legal case of Donlon v. Donlon, 155 Cal.App.2d 362 (1957), the issue of partition was at the center of the dispute. The case involved a dispute between two siblings over the partition of a family home. The siblings had inherited the home from their parents, and the plaintiff, the brother, wanted to partition the home so that each sibling could have their own separate residence. The defendant, the sister, argued that the home should remain undivided, as it had been for many years. The court ultimately ruled in favor of the plaintiff, finding that the partition of the home was necessary to ensure that each sibling had their own separate residence. The court also noted that the partition would not cause any significant harm to either sibling, and that it was in the best interests of both parties to divide the home.

Contact an Experienced Partition Attorney in Torrance, 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 Torrance 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 (310) 496-3300 or fill out a contact form online.

Contact us Today for a Free Consultation with a Partition Attorney in Torrance, California