Partition Actions in Corona
Corona is a city located in Riverside County, California, United States. It is situated in the Inland Empire region of Southern California, about 45 miles (72 km) southeast of downtown Los Angeles. The cities of Norco and Riverside lie to the northeast, Chino Hills and Yorba Linda to the west, and the Cleveland National Forest and the Santa Ana Mountains to the southwest. Unincorporated areas of Riverside County line all of its other borders. Corona is a part of the Greater Los Angeles Area. Corona is known for its picturesque views of the Santa Ana Mountains, its historic downtown, and its proximity to the 91 and 15 freeways. The city is home to a variety of businesses, including the Corona Regional Medical Center, Fender Musical Instruments Corporation, and Monster Beverage Corporation. It is also home to the Corona Public Library, the Corona Heritage Park and Museum, and the Eagle Glen Golf Club.
According to Zillow, the median home value in Corona, California is $521,400 as of 2021. As of 2020, the population of the California city of Corona is estimated to be around 161,719.
Experienced Real Estate Partition Action Attorneys Serving Corona
Talkov Law’s attorneys serving Riverside 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 sale. The court will then order the division of the property in a way that is fair and equitable to all parties. The partition statutes also provide that any proceeds from the sale of the property must be divided among the co-owners in proportion to their respective interests in the property.
Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:
- 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.
- 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.
- What are the potential outcomes of a partition action? The most likely outcome in a partition action is that the plaintiff receives fair value for their interest in the property either through a sale to a third party or to the defendant. In rare cases, a property can be divided, through this is not applicable to single family residences with no surplus land.
- What are the grounds for a partition action in California? A co-owner is “entitled to partition as a matter of absolute right,” meaning “he need not assign any reason for his demand; that it is sufficient if he demands a severance; and that when grounds for a sale are duly established it may be demanded as of right. To grant it is not a mere matter of grace.” De Roulet v. Mitchel (1945) 70 Cal.App.2d 120, 123-124.
- What type of relief can be granted by the court in a partition action? A partition action generally involves the sale or division of the property, along with an accounting of offsets.
Speak to Our Corona Partition Attorneys Today
Call our Riverside County Partition Attorneys today to end your co-ownership dispute. You don’t pay until the house is sold!
Call us at (951) 888-3300 or contact us below to schedule a free, 15-minute consultation
Cristy v. Spring Valley Water-Works – Partition Action Case Study
In the legal case of Cristy v. Spring Valley Water-Works, 68 Cal. 73 (1885), the issue of partition was at the center of the dispute. The case involved a dispute between two parties over the ownership of a water-works system. The plaintiff, Cristy, claimed that he owned the entire system, while the defendant, Spring Valley Water-Works, argued that it owned a portion of the system. The court had to decide whether the system should be divided into two parts, with each party owning a portion, or whether the entire system should remain under the ownership of one party. The court ultimately decided that the system should be divided into two parts, with each party owning a portion. This decision established the legal precedent that when two parties are in dispute over the ownership of a property, the court may order a partition of the property in order to resolve the dispute.
Contact our Team of Experienced Partition Lawyers Serving the City of Corona in the County of Riverside, 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 (951) 888-3300 or contact us online for a free consultation about your co-ownership issues.
Our partition attorneys in Corona also serve Riverside, Norco, Eastvale, Chino Hills, and Yorba Linda.