Experienced Partition Attorneys Serving Inglewood
Talkov Law’s attorneys serving Los Angeles 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:
- In a partition action, can I be reimbursed for paying more than my fair share of the down payment? Yes, partition actions allow for offsets whereby one co-owner claims excess payments for mortgage, taxes, insurance, improvements, repairs and other property expenses
- Can a minority owner force the sale of a property? There is no requirement for a majority vote for partition. Rather, an co-owner of any interest in property can force the sale.
- Can I recover my attorney’s fees in a partition action? Yes, you can recover your legal fees in a partition action through a motion for attorney’s fees. However, most partitions settle, and most settlements involve a walk-away of attorney’s fees, meaning it important to hire a partition attorney who will handle the matter efficiently since each party is likely to pay their own fees.
- How will the property be divided if a partition action is successful? In most partition actions, the property will be sold, rather than being divided. If the property is eligible for partition in-kind, the court can appoint a referee to prepare a report on dividing the property in a manner that does not damage the value of the fractional interests.
- Can I still file a partition if my co-owner has filed for bankruptcy? Yes, the partition action can generally be filed in the bankruptcy court or the bankruptcy court can apply state partition law to allow offsets when the co-owned property is sold by the bankruptcy trustee.
Speak to Our Inglewood Partition Attorneys Today
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Partition Actions in Inglewood
Partitions are quite common in Inglewood. According to Zillow, the median home value in Inglewood, California is $541,400 as of 2021. As of the 2020 United States Census, the population of the city of Inglewood, California is 111,542.
Inglewood is a city located in southwestern Los Angeles County, California. It is bordered by the cities of Los Angeles and Culver City, and is home to the Los Angeles Rams and Los Angeles Chargers of the National Football League. The city is known for its vibrant music and entertainment scene, and is home to the iconic Hollywood Park Racetrack and Forum. Inglewood is also home to a number of parks, including Edward Vincent Jr. Park, which features a lake, playgrounds, and picnic areas. The city is served by the Inglewood Unified School District, which includes several elementary, middle, and high schools.
Gerontopoulos v. Gerontopoulos – Partition Action Case Study
In the legal case of Gerontopoulos v. Gerontopoulos, 20 Cal.App.2d 261 (1937), the issue of partition was at the center of the dispute. The case involved a dispute between two brothers over the partition of a piece of real property that had been inherited from their father. The brothers had agreed to divide the property into two equal parts, but the agreement was never formalized. The court found that the brothers had an implied agreement to partition the property, and that the agreement was binding. The court also found that the brother who had possession of the property had a duty to partition the property in accordance with the agreement. The court ordered the brother to partition the property in accordance with the agreement, and to pay the other brother his share of the proceeds from the sale of the property.
Contact our Team of Experienced Partition Lawyers Serving the City of Inglewood 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.
Our partition attorneys in Inglewood, California serve Los Angeles County and surrounding areas including Westchester, Culver City, Hawthorne, Lennox, Ladera Heights, View Park-Windsor Hills, Marina del Rey, Playa del Rey, El Segundo.