Partition Action Attorneys in Lake Forest
Los Angeles, the largest city in California and second-largest in the U.S., is located on the Southern California coast. Known for its Mediterranean climate and vibrant entertainment industry, the city also boasts iconic landmarks like the Hollywood Sign and Griffith Observatory.
As a major center for business, finance, and education, Los Angeles thrives culturally, yet its housing market faces significant challenges amidst rising property values and limited supply.
Rising property values, a limited housing supply, and ever-growing demand have created a complex real estate environment. These factors make property ownership disputes increasingly common, underscoring the importance of legal strategies like partition actions to ensure fair resolutions for co-owners navigating Los Angeles’ competitive and evolving housing market.According to Zillow’s Home Value Index, as of mid-2024, the average home price in Los Angeles is around $956,844, reflecting a 4.7% year-over-year increase.
Talkov Law’s attorneys serving Orange County are exceptionally experienced in California partition actions and have conducted over 370 successful partitions for our satisfied clients. 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.
Get a FREE Case Consultation TodayOur team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:
- What types of properties can be subject to a partition action in California? All co-owned real or personal property can be partitioned under California law. Cal. Civ. Proc. Code § 872.020.
- Are there ways to make my partition action less expensive? There are numerous ways to obtain a less expensive partition action in California. For example, having your documents organized can ensure you don’t have to pay your attorney to go through a disorganized mess to get the information they need.
- 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 a partition action and when is it necessary?
- Can a Trust File a Partition? Yes, a trust can file a partition action as the co-owner of real property in California.
Speak to Our Lake Forest Partition Attorneys Today
Call our Orange County Partition Attorneys today to end your co-ownership dispute. You don’t pay until the house is sold!
Call us at (949) 888-8800 or contact us below to schedule a free, 15-minute consultation
Home Security Building & Loan Ass’n v. Western Land & Title Co. – Partition Action Case Study
In the legal case of Home Security Building & Loan Ass’n v. Western Land & Title Co., 145 Cal. 217 (1904), the issue of partition was at the center of the dispute. The case involved a dispute between two companies over the ownership of a piece of real estate. The Home Security Building & Loan Association (HSBLA) claimed that it owned the property, while the Western Land & Title Company (WLTC) argued that it had a valid deed to the property. The court had to decide whether the deed was valid and, if so, whether the property should be partitioned between the two companies. The court ultimately held that the deed was valid and that the property should be partitioned between the two companies. The court also held that the partition should be made in accordance with the terms of the deed, which provided that the property should be divided into two equal parts. The court also held that the partition should be made in such a way that each company would have an equal share of the property.
Frequently Asked Questions About Partitions in Los Angeles
How Long Does a Partition Action Take?
Most Los Angeles 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 depending on the complexity of the case.
Contact our Team of Experienced Partition Lawyers Serving the City of Lake Forest, County of Orange, California
Our Lake Forest partition litigation attorneys will work diligently to obtain a favorable outcome on your behalf, whether by negotiation or litigation. Talkov law unlocks access to justice for co-owners by funding your case. For qualified cases, you pay no fees until we successfully partition your property by obtaining a sale on the market or to your co-owner! For a free consultation with California’s first and largest team of partition attorneys at Talkov Law, call (949) 888-8800 or contact us online today.
Get a FREE Case Consultation TodayTalkov Law Orange County Office
4000 MacArthur Blvd Ste 655
Newport Beach, CA 92660
Phone: (949) 888-8800
Our partition attorneys in Lake Forest also serve Laguna Woods, Mission Viejo, Laguna Hills, Rancho Santa Margarita, Aliso Viejo, Foothill Ranch, and Portola Hills