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Agoura Hills Partition Lawyer

Partition Actions in Agoura Hills

Agoura Hills is a city located in Los Angeles County, California. It is located in the eastern Conejo Valley between the Simi Hills and the Santa Monica Mountains. The city is known for its expansive views of the Santa Monica Mountains and its proximity to Malibu and the beaches of the Pacific Ocean. Agoura Hills is home to many celebrities and is known for its upscale neighborhoods and excellent schools. The city is also home to a variety of outdoor activities, including hiking, biking, and horseback riding. Agoura Hills is a great place to live for those who want to be close to the city but still enjoy the beauty of nature.

According to Zillow, the median home value in Agoura Hills, California is $817,400 as of 2021. As of the 2020 United States Census, the population of Agoura Hills, California was 20,843.

Experienced Real Estate Partition Action Attorneys Serving Agoura Hills

Talkov Law’s attorneys serving Los Angeles County are exceptionally experienced in the area of California partition actions. A California partition action is a law that allows co-owners of real property to divide the property among themselves. The partition statutes provide a legal mechanism for co-owners to divide the property without having to go through the court system. The partition statutes allow co-owners to divide the property either by agreement or by court order. If the co-owners cannot agree on how to divide the property, then the court will divide the property in a way that is fair and equitable to all parties. The partition statutes also provide that any partition of the property must be in accordance with the laws of the state of California. The legal effect of the partition statutes is that it provides a legal mechanism for co-owners to divide their property without having to go through the court system.

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

  • What is California’s Partition of Real Property Act? Effective January 1, 2023, California’s new partition law allows defendants to buy out the interests of the plaintiff at an appraised value.
  • 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.
  • What is the average cost of a partition action? The usual cost for a partition action is about $8,000 to $12,000, depending on the complexity. Some cases settle quickly after the defendant receives the partition complaint, while others can drag on longer if there are more complex issues or delay tactics by the defendant.
  • 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.
  • Can you lose interest in a jointly owned home by moving out? Generally, co-owners maintain their ownership interests regardless of whether they live at the property. However, in rare cases, leaving the property for many years without paying taxes or other expenses may allow the co-owners in possession to argue that they have adversely possessed the property. Generally, these co-ownership disputes do not get easier with time, so it is important to act promptly.

Speak to Our Agoura Hills Partition Attorneys Today

Call our Los Angeles County Partition Attorneys today to end your co-ownership dispute. You don’t pay until the house is sold!

Call us at (818) 900-7700 or contact us below to schedule a free, 15-minute consultation

    Bordessa v. Lanker – Partition Action Case Study

    In the legal case of Bordessa v. Lanker, 2007 WL 906731, A113226 (27-Mar-2007) , the issue of partition was at the center of the dispute. The case involved a dispute between two siblings over the ownership of a family home. The siblings had inherited the home from their parents, and the dispute arose when one sibling wanted to sell the home and the other wanted to keep it. The court had to decide whether the siblings could partition the home, meaning that they would divide the home into two separate properties, or whether the home should be sold and the proceeds divided between the siblings. The court ultimately ruled that the home could not be partitioned, and that it should be sold and the proceeds divided between the siblings.

    Contact our Team of Experienced Partition Lawyers Serving the City of Agoura Hills in the County of Los Angeles, California.

    Our partition litigation attorneys will work diligently to obtain a favorable outcome on your behalf, whether by negotiation or litigation. Call the experienced real estate partition attorneys at Talkov Law at (818) 900-7700 or contact us online for a free consultation about your co-ownership issues.

    Talkov Law Los Angeles Office

    10880 Wilshire Blvd Ste 1101
    Los Angeles, CA 90024
    Phone: (310) 496-3300

    Talkov Law Offices

    Our partition attorneys in Agoura Hills also serve Calabasas, Westlake Village, Thousand Oaks, Oak Park, and Malibu.

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