Experienced Partition Attorneys Serving Chico
Talkov Law’s attorneys serving Butte 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 awarding each co-owner a certain percentage of the property’s value. The court will then order the property to be divided according to the co-owners’ wishes. The partition statutes also provide that if the court finds that a physical division of the property is not feasible, it may order the property to be sold and the proceeds divided among the co-owners.
Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:
- 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.
- 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.
- Are there methods to resolve a partition situation without a court-ordered sale? The vast majority of partitions are solved without a court-ordered sale. Many times, the defendant will buy out the plaintiff’s interest. Other times, the parties will agree to a voluntary sale on the open market. However, the filing of the partition action is generally what forces the defendant to see the wisdom of settlement. Under California’s Partition of Real Property Act, a defendant can buy out the interest of the plaintiff at an appraised value, meaning that a court-ordered sale is only likely occur where the defendant simply can’t afford to buy the property but still won’t agree to sell.
- Can a partition action be stopped or dismissed in California? The truth is that there are very few affirmative defenses in a partition action, and those defenses are rarely applied by courts in California.
- 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.
Speak to Our Chico Partition Attorneys Today
End your co-ownership in Butte County today. You don’t pay until the house is sold!
Call us at (530) 999-5588
Partition Actions in Chico
Partitions are quite common in Chico. According to Zillow, the median home value in Chico, California is $346,400 as of 2021. As of 2020, the population of the California area of Chico is estimated to be 93,919.
Chico is a city located in Northern California, in Butte County. It is the most populous city in the county. Chico is known for its vibrant downtown area, which is home to a variety of shops, restaurants, and entertainment venues. The city is also home to California State University, Chico, which is the second-oldest campus in the California State University system. Chico is surrounded by natural beauty, with Bidwell Park, the Sacramento River, and the Sierra Nevada Mountains all nearby. The city is also known for its vibrant arts and music scene, with a variety of festivals and events taking place throughout the year.
Gordon v. Vucinich – Partition Action Case Study
In the legal case of Gordon v. Vucinich, 61 Cal.App.2d 78 (1943), 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 property. The plaintiff, Gordon, sought to partition the property, while the defendant, Vucinich, argued that the property should not be partitioned. The court ultimately held that the property should be partitioned, and that the partition should be made in accordance with the wishes of the parties. The court also held that the partition should be made in such a way that each party would receive an equal share of the property. The court also held that the partition should be made in such a way that each party would receive an equal share of the profits from the sale of the property.
Contact our Team of Experienced Partition Lawyers Serving the City of Chico in the County of Butte, 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 (530) 999-5588 or contact us online for a free consultation about your co-ownership issues.
Our partition attorneys in Chico, California serve Butte County and surrounding areas including Oroville, Paradise, Magalia, Durham, Gridley, Willows, Corning, Red Bluff.