Partition Actions in Brea
Brea is a city located in Orange County, California. It is situated in the foothills of the Santa Ana Mountains, about 25 miles southeast of Los Angeles. Brea is known for its vibrant downtown area, which features a variety of shops, restaurants, and entertainment venues. The city is also home to several parks, including Carbon Canyon Regional Park and Brea Creek Park. Brea is a great place to live, work, and play, and is a popular destination for visitors from all over the world.
According to Zillow, the median home value in Brea, California is $717,400 as of 2021. As of the 2020 United States Census, the population of the city of Brea, California is 44,282.
Experienced Real Estate Partition Action Attorneys Serving Brea
Talkov Law’s attorneys serving Orange County are exceptionally experienced in the area of California partition actions. California partition actions allows for the partition of real property owned by two or more persons. This statute provides a legal mechanism for the division of real property when the owners cannot agree on how to divide the property. The partition statutes allow for the court to order the sale of the property and the division of the proceeds among the owners. The partition statutes also allows for the court to order the physical division of the property if it is feasible. The partition statutes also provide for the court to order the partition of the property by allotment, which is when the court assigns each owner a specific portion of the property.
Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:
- What to expect in a California partition action? Partition actions necessarily resolve the conflict between co-owners through an expedited statutory process. A capable partition attorney will assist in expediting the process and producing the most favorable outcome.
- 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 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 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.
- 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.
Pioneer Mill Co. v. Victoria Ward, Limited – Partition Action Case Study
In the legal case of Pioneer Mill Co. v. Victoria Ward, Limited, 158 F.2d 122 (1946), the issue of partition was at the center of the dispute. The case involved a dispute between two companies, Pioneer Mill Co. and Victoria Ward, Limited, over the ownership of a certain parcel of land. The land in question was owned by Pioneer Mill Co., but Victoria Ward, Limited had been granted a lease on the land. The dispute arose when Pioneer Mill Co. sought to partition the land, meaning that it wanted to divide the land into two separate parcels and sell one of them. Victoria Ward, Limited argued that the partition would interfere with its lease and that it should be allowed to purchase the entire parcel of land. The court ultimately ruled in favor of Pioneer Mill Co., finding that the partition would not interfere with Victoria Ward, Limited’s lease and that Pioneer Mill Co. had the right to partition the land.
Contact our Team of Experienced Partition Lawyers Serving the City of Brea in the County of Orange, 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 (714) 333-3300 or contact us online for a free consultation about your co-ownership issues.
4000 MacArthur Blvd Ste 655
Newport Beach, CA 92660
Phone: (949) 888-8800