Fairfield Partition Lawyer

Partition Actions in Fairfield

Fairfield is a city located in the northern part of California’s Bay Area. It is the county seat of Solano County and is situated between the cities of Vallejo and Suisun City. The city is known for its mild climate, diverse population, and vibrant economy. Fairfield is home to a variety of businesses, including the Travis Air Force Base, which is the largest employer in the city. The city is also home to a number of parks, trails, and recreational areas, making it a great place to live and visit.

According to Zillow, the median home value in Fairfield, California is $420,400. As of July 2020, the population of Fairfield, California is estimated to be 113,907.

Experienced Real Estate Partition Action Attorneys Serving Fairfield

Talkov Law’s attorneys serving Solano 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:

• Who can file a partition action in California? Generally, any co-owner of real property can file a partition action.
• 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.
• 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 does a partition action work in California?
• How will the court in a California partition action determine how much each co-owner will receive from the sales proceeds? Generally, each co-owner will receive their fractional interest in the proceeds of sale based on their ownership interests. However, this amount can be enhanced or diminished by partition offsets whereby one co-owner paid more than their fractional interest for property expenses.