Many co-owners of jointly owned property who are seeking a partition action worry about the issue of capital gains and related tax implications. In other words, they are concerned that ending their co-ownership relationship by forcing the sale of jointly owned property may result in immediate taxes on the profits (gains)0 from the sale of … Read More
What is Partition in Real Estate? A partition action is a lawsuit that forces the sale or division of jointly owned real property. The court will equitably divide the interests of all the co-owners even if one or more co-owners does not agree to the sale or division. This division generally involves division of the … Read More
California law allows joint tenants to sever the joint tenancy so their interest will pass under the laws of probate, meaning their partial interest in real estate will go to their heirs, e.g., their spouse or children. In fact, when a joint tenant in California dies, their interest in California real estate becomes owned by … Read More
Right to Encumber a Jointly Owned Property in California In a partition action, co-owners have already demonstrated that they disagree on what to do with a property. Tensions may rise when one co-owner voluntarily places an encumbrance on the property, such as a mortgage, or an involuntary encumbrance, such as a child support lien or … Read More
Partition Defendants Alleging that their Co-Owner is Only a Co-Borrower Have an Uphill Legal Battle Partition actions sometimes involve disputes over the ownership of the property. This is important due to the requirement that an interlocutory judgment of partition find “the interests of the parties in the property….” Code Civ. Proc. § 872.720(a). This refers … Read More
Quiet title within the context of a partition action in California A partition action is a court-ordered equitable division of property which brings an end to real estate co-ownership disputes by forcing the sale of jointly owned property. Most properties have clear title, meaning that it is clear who the owners of the property are. … Read More
California Code of Civil Procedure 872.510 is the California partition statute that explains who should be joined as a defendant in a partition action. The statute provides that: The plaintiff shall join as defendants in the action all persons having or claiming interests of record or actually known to the plaintiff or reasonably apparent from … Read More
California Code of Civil Procedure 872.540 is the California partition statute that determines that lessees who use the property, but are not owners, should not be joined in the partition action. The statute provides that: Where property is subject to a lease, community lease, unit agreement, or other pooling arrangement with respect to oil or … Read More
California Code of Civil Procedure 872.640 is the California partition statute that describes what courts will do in the event that multiple parties are unknown. The statute provides that: Where two or more parties are unknown, the court may consider their interests together in the action and not as between each other. California Code of … Read More
California Code of Civil Procedure 873.240 is the California partition statute that describes how property will be physically divided in a partition lawsuit. The statute provides that: Where real property consists of more than one distinct lot or parcel, the property shall be divided by such lots or parcels without other internal division to the … Read More
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