Partition Actions in Jackson
Jackson is a small city located in Amador County, California. It is situated in the Sierra Nevada foothills, about 40 miles southeast of Sacramento. The city is known for its historic downtown, which features a variety of shops, restaurants, and other attractions. Jackson is also home to several wineries, and is a popular destination for wine tasting. The city is surrounded by rolling hills and oak-studded meadows, making it a great place to explore the outdoors. Jackson is a great place to visit for its small-town charm and its proximity to the larger cities of Sacramento and San Francisco.
According to Zillow, the median home value in Jackson, California is $346,400. The population of the California area of Jackson is estimated to be around 2,845 people.
Experienced Real Estate Partition Action Attorneys Serving Jackson
Talkov Law’s attorneys serving Amador 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 does a partition action work in California?
- 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 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.
- What is the timeline for a California partition action? Most partition actions are resolved in 3 to 6 months by way of settlement. Other cases can take 6 to 12 months to obtain an interlocutory judgment of partition, which generally appoints a referee to sell the property.
- Can a partition action be stopped or dismissed in California? The truth is that there are very few affirmative defenses in a partition action, and those defenses are rarely applied by courts in California.
Jamison v. Jamison – Partition Action Case Study
In the legal case of Jamison v. Jamison, 2004 WL 2827711, F043236 (9-Dec-2004) , the partition issues revolved around the division of a family-owned ranch. The ranch had been owned by the Jamison family for generations, and the dispute arose when the two siblings, Robert and Mary, disagreed on how to divide the property. Robert wanted to divide the ranch into two separate parcels, while Mary wanted to keep the ranch intact. The court ultimately ruled in favor of Robert, ordering the ranch to be divided into two separate parcels. The court also ordered that Mary be given the right to purchase Robert’s portion of the ranch at fair market value.
Contact our Team of Experienced Partition Lawyers Serving the City of Jackson in the County of Amador, 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 (209) 600-7700 or contact us online for a free consultation about your co-ownership issues.