California Code of Civil Procedure 874.240 is the California partition statute that solidifies a conveyance or transfer in the same way a judgment would:
A conveyance or transfer pursuant to Sections 873.750 and 873.790 or Section 873.960 is binding and conclusive, in the same manner as a judgment.
California Code of Civil Procedure § 874.240
Conveyance of the property to a purchaser or the sale of the property by the referee will be considered binding in the same way a judgment would be. Essentially, a sale by a partition referee in a partition action is deemed to be final.
Law Revision Commission Comments to California Code of Civil Procedure § 874.240
In 1976, the California Law Revision Commission explained California Code of Civil Procedure § 874.240 as follows:
Section 874.240 continues the substance of former Section 787 which provided the effect of a conveyance of the property in the partition action.
Talkov Law's Partition Attorneys Can Help
If you want to end your co-ownership relationship, but your co-owner won’t agree, a partition action is your only option. With eight, full time partition lawyers, Talkov Law is the #1 partition law firm in California and has handled over 430 partition actions throughout California. Every case has resulted in a sale to either a third party or one of the co-owners. Not a single court has denied our clients the right to partition or declared our client to be a non-owner. Plus, for qualified cases, there is no fee until we settle or win your case!
If you're looking to end your co-ownership dispute, contact California's premier partition action law firm by calling Talkov Law at (844) 4-TALKOV (825568) or sending us a message today.