Partition Actions in Cerritos

Cerritos is a city located in Los Angeles County, California. It is a suburban city known for its excellent schools, safe neighborhoods, and diverse population. The city is home to many parks, shopping centers, and cultural attractions. Cerritos is also home to the Cerritos Center for the Performing Arts, which hosts a variety of concerts, plays, and other events. Cerritos is a great place to live, work, and play.

According to Zillow, the median home value in Cerritos, California is $717,400 as of 2021. As of the 2020 United States Census, the population of Cerritos, California was 49,041.

Experienced Real Estate Partition Action Attorneys Serving Cerritos

Talkov Law’s attorneys serving Los Angeles County are exceptionally experienced in the area of California partition actions. California partition actions allows for the division of real property among co-owners. This statute provides a legal mechanism for co-owners to divide their real property into separate interests. The partition statutes allow for the court to order a partition of the property, either by physically dividing the property or by selling the property and dividing the proceeds among the co-owners. The partition statutes also provide for the court to award damages to any co-owner who has been wrongfully excluded from the property. The partition statutes also allows for the court to award attorney’s fees and costs to the prevailing party.

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

What is a partition referee? A partition referee is a neutral third party, often times a lawyer or real estate broker, who completes the sale for the co-owners under court authority. The referee is then paid for their services either on an hourly, flat fee, or commission basis, and is relieved by the court of their duties in the case.
Are there ways to make my partition action less expensive? There are numerous ways to obtain a less expensive partition action in California. For example, having your documents organized can ensure you don’t have to pay your attorney to go through a disorganized mess to get the information they need.
What happens to any debts or liens on the property during a partition action? Secured debts are paid from the sale of the property. Secured lenders named in a partition action are generally dismissed with an agreement to pay the mortgage at the time of the sale.
In a partition action, can I be reimbursed for paying more than my fair share of the down payment? Yes, partition actions allow for offsets whereby one co-owner claims excess payments for mortgage, taxes, insurance, improvements, repairs and other property expenses
Who can file a partition action in California? Generally, any co-owner of real property can file a partition action.

Speak to Our Cerritos 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 (562) 600-3300 or contact us below to schedule a free, 15-minute consultation

Noce v. Daveggio – Partition Action Case Study

In the legal case of Noce v. Daveggio, 2 Cal.Unrep. 354 (1884), the issue of partition was at the center of the dispute. The case involved a dispute between two co-owners of a piece of real estate. The two parties had agreed to divide the property into two equal parts, but the defendant refused to carry out the agreement. The plaintiff argued that the defendant was obligated to divide the property in accordance with the agreement, while the defendant argued that the agreement was invalid and that the property should remain undivided. The court ultimately ruled in favor of the plaintiff, finding that the agreement was valid and that the defendant was obligated to divide the property in accordance with the agreement. The court also held that the defendant was liable for any damages caused by his refusal to comply with the agreement.

Contact our Team of Experienced Partition Lawyers Serving the City of Cerritos 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 (562) 600-3300 or contact us online for a free consultation about your co-ownership issues.