Partition actions in California are most effective when filed before home values begin to fall. If youβre involved in the co-ownership of real property and notice signs of a declining marketβrising interest rates, increased inventory, or more price cutsβnow may be the time to act. Filing early can mean the difference between preserving your equity … Read More
Delaying a partition action isnβt just waitingβitβs risking your rights and your wallet. While some co-owners promptly file a partition action when the relationship has clearly ended, others hang on for hope that something will make the problem go away. However, delaying a partition action can turn a simple real estate dispute into a legal … Read More
Multi-property partitions can become one of the most complicated real estate disputes co-owners face. When co-owners purchase or when families inherit multiple properties together, it doesnβt take long before disagreements arise. Some co-owners want to sell everything, while others insist on keeping certain properties in the family. This raises an important question: Should all properties … Read More
When the majority owner refuses a partition action, you donβt have to stay trappedβCalifornia law is on your side. When co-owners of real estate donβt see eye to eye, disputes are inevitableβespecially when one party wants to sell, but the majority owner(s) disagrees. Fortunately, California law provides a clear legal path forward for minority owners … Read More
With the federal government shutting down from time to time, many property owners are asking whether this will affect partition actions in California. Partition is the legal process that allows a co-owner to force the sale or division of real estate, so itβs understandable to worry about possible court delays. The good news is that … Read More
Recessions donβt just impact Wall Street β they directly affect when and how co-owners should file a partition action. In uncertain economic times, many co-owners wonder: Does a recession affect my ability to file a partition action? The answer depends on several economic factors, including real estate values, interest rates, inflation, and mortgage obligations. Letβs … Read More
Many co-owners agree that their property should be sold, but end up deadlocked of whose Realtor should be the listing agent. A simple solution is to allow co-listing whereby two listings agents place the property on the market, thereby allowing each co-owner to have an agent they trust handling the sale of the property. This … Read More
As California’s first, most popular, and fastest partition law firm, we are often asked how long a partition will take. Talkov Law generally completes partitions in an average of just 7 months to obtain a settlement or judgment of partition, which is followed by a sale or refinance- all without a trial. Other firms lacking … Read More
Within the law of California real estate co-ownership, among the most common myths in joint tenancy is that an oral agreement can establish prevent the joint tenancy from being severed. California law is clear: it cannot. The same is true for the creation of a joint tenancy. This issue is critical as many joint tenants … Read More
Can you sell inherited property if the other heirs say no? Yesβyou can. That answer surprises many California heirs. When multiple heirs inherit real estate in California, itβs not uncommon for disagreements to ariseβespecially when one heir wants to sell the property but others do not. Many co-owners assume that all heirs must unanimously agree … Read More
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