Partition Actions in Gardena
Gardena is a city located in the South Bay region of Los Angeles County, California. It is bordered by the cities of Torrance, Hawthorne, Lawndale, and Redondo Beach. The city is known for its strong sense of community and its commitment to providing quality services to its residents. Gardena is home to a variety of businesses, including automotive, manufacturing, and retail. The city is also home to several parks, including the Gardena Willows Wetland Preserve, which is a popular destination for bird watching and other outdoor activities. Gardena is a great place to live, work, and play.
According to Zillow, the median home value in Gardena, California is $619,400. As of the 2020 United States Census, the population of Gardena, California is 59,817.
Experienced Real Estate Partition Action Attorneys Serving Gardena
Talkov Law’s attorneys serving Los Angeles 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:
- What are my partition rights for inherited property? Co-owners of inherited property generally have the absolute right to force the sale of the property through a partition action.
- What is the average cost of a partition action? The usual cost for a partition action is about $8,000 to $12,000, depending on the complexity. Some cases settle quickly after the defendant receives the partition complaint, while others can drag on longer if there are more complex issues or delay tactics by the defendant.
- What are the different types of partition in California? Almost all partition actions are partition by sale, though partition in-kind allows the property to be divided, while a partition by appraisal allows the purchase by one-co-owner at an appraised value.
- What is California’s Partition of Real Property Act? Effective January 1, 2023, California’s new partition law allows defendants to buy out the interests of the plaintiff at an appraised value.
- 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.
McCabe v. Ford – Partition Action Case Study
In the legal case of McCabe v. Ford, Not Reported in Cal.Rptr.2d (2003), the issue of partition was at the center of the dispute. The plaintiff, McCabe, owned a parcel of land with the defendant, Ford. The two parties had a disagreement over the partition of the land, with McCabe wanting to divide the land into two separate parcels and Ford wanting to keep the land as one parcel. The court ultimately ruled in favor of McCabe, finding that the partition was necessary to protect the interests of both parties. The court also found that the partition would not cause any undue hardship to either party.
Contact our Team of Experienced Partition Lawyers Serving the City of Gardena in the County of Los Angeles, 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 (310) 496-3300 or contact us online for a free consultation about your co-ownership issues.
10880 Wilshire Blvd Ste 1101
Los Angeles, CA 90024
Phone: (310) 496-3300