Experienced Partition Attorneys Serving Citrus Heights
Talkov Law’s attorneys serving Sacramento County are exceptionally experienced in the area of California partition actions. A California partition action is a law that allows co-owners of real property to divide the property among themselves. The partition statutes provide a legal mechanism for co-owners to divide the property without having to go through the court system. The partition statutes allow co-owners to divide the property either by agreement or by court order. If the co-owners cannot agree on how to divide the property, then the court will divide the property in a way that is fair and equitable to all parties. The partition statutes also provide that any partition of the property must be in accordance with the laws of the state of California. The legal effect of the partition statutes is that it provides a legal mechanism for co-owners to divide their property without having to go through the court system.
Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:
- What are the tax implications of a partition action? It is best to seek the advice of a tax attorney or CPA about tax issues. However, the most common tax issues in partitions, like other sales, can involve capital gains taxes and the potential partial or full reassessment of property taxes.
- What is a partition action and when is it necessary?
- When is a partition action right for my dispute? Generally, parties who can reach their own resolution of a co-ownership dispute are not reading websites about partition law. If you are reading this article, chances are that your co-ownership dispute has reached a level where legal options are being considered. Filing a partition action will bring about a certain result to the co-ownership dispute, rather than letting it linger for years on end. However, if the parties are very close to a settlement, it may be wise to consider a resolution.
- Can we negotiate a settlement instead of going through a partition action? We find that the best solution is to file the partition action, then negotiate a settlement. Defendants often reach a more reasonable settlement when they are being advised by a partition attorney who will explain that the plaintiff is very likely to obtain the sale of the property.
- How long does a partition action take in California?” Most partition actions are complete in 3 to 6 months because most cases settle in either a buyout or agreed sale. However, some cases can drag on for 6 to 12 months.
Speak to Our Citrus Heights Partition Attorneys Today
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Call us at (916) 668-3300
Partition Actions in Citrus Heights
Partitions are quite common in Citrus Heights. According to Zillow, the median home value in Citrus Heights, California is $360,000. As of 2020, the population of the California area of Citrus Heights is 87,821.
Citrus Heights is a city located in Sacramento County, California. It is a suburb of Sacramento and is located about 15 miles northeast of the city. The city is known for its diverse population, its many parks and trails, and its vibrant shopping and dining scene. Citrus Heights is home to a variety of businesses, including retail stores, restaurants, and medical facilities. The city is also home to several schools, including San Juan Unified School District, San Juan High School, and San Juan College. Citrus Heights is a great place to live, work, and play.
Higgins v. Higgins – Partition Action Case Study
In the legal case of Higgins v. Higgins, 46 Cal. 259 (1873), the issue was whether a partition of real property could be made between two co-owners. The court held that a partition could be made, but only if it was done in a manner that was fair and equitable to both parties. The court noted that the partition should be made in such a way that each party receives an equal share of the property, and that the partition should not be made in a way that would be detrimental to either party. The court also noted that the partition should be made in a way that would not cause any unnecessary hardship or expense to either party.
Contact our Team of Experienced Partition Lawyers Serving the City of Citrus Heights in the County of Sacramento, 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 (916) 668-3300 or contact us online for a free consultation about your co-ownership issues.
Our partition attorneys in Citrus Heights, California serve Sacramento County and surrounding areas including Roseville, Rocklin, Fair Oaks, Orangevale, Antelope, North Highlands, Folsom.