Partition Actions in Avalon
Avalon is a small city located on Santa Catalina Island, off the coast of Southern California. It is the only incorporated city on the island and is known for its beautiful beaches, crystal clear waters, and stunning views of the Pacific Ocean. The city is home to a variety of attractions, including the Catalina Island Museum, the Catalina Island Conservancy, and the Catalina Island Golf Course. Avalon is also a popular destination for outdoor activities such as fishing, kayaking, and snorkeling. With its unique location and stunning scenery, Avalon is a great place to visit for a relaxing getaway.
According to Zillow, the median home value in Avalon, Los Angeles County, California is $1,092,400 as of 2021. As of 2020, the population of the California area of Avalon is 3,728.
Experienced Real Estate Partition Action Attorneys Serving Avalon
Talkov Law’s attorneys serving Los Angeles County are exceptionally experienced in the area of California partition actions. California partition actions provide a legal mechanism for co-owners of real property to divide the property among themselves. The partition statutes allow a co-owner to file a lawsuit in court to have the property divided, either physically or by sale. The court will then order the division of the property in a way that is fair and equitable to all parties. The partition statutes also provide that any proceeds from the sale of the property must be divided among the co-owners in proportion to their respective interests in the property.
Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:
- How does a partition action work in California?
- 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 steps involved in a partition action in California? The first step is to file a partition complaint in California, which is followed by a request for the court to enter an interlocutory judgment of partition, thereby appointing a partition referee under the partition statutes.
- 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.
- 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.
Burnham v. Coffinberry – Partition Action Case Study
In the legal case of Burnham v. Coffinberry, 2004 WL 352704, G031687 (26-Feb-2004) , 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 siblings had agreed to split the ownership of the home. However, the siblings had not agreed on how to divide the home, and the dispute arose when one of the siblings wanted to sell the home and the other wanted to keep it. The court had to decide whether the siblings should be allowed to partition the home, meaning that the home would be divided into two separate parts, with each sibling owning one part. The court ultimately ruled that the siblings should be allowed to partition the home, and the court ordered that the home be divided in a way that was fair and equitable to both siblings.
Contact our Team of Experienced Partition Lawyers Serving the City of Avalon 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 (310) 496-3300 or contact us online for a free consultation about your co-ownership issues.
10880 Wilshire Blvd Ste 1101
Los Angeles, CA 90024
Phone: (310) 496-3300
Our partition attorneys in Avalon also serve Two Harbors, Hamilton Cove, and Pebbly Beach.