Partition Action Attorneys in Lincoln
Lincoln is a city located in Placer County, California, United States, part of the Sacramento metropolitan area. Lincoln is part of the Sacramento-Roseville Metropolitan Statistical Area. The city is located in an area of rolling hills, located about 25 miles northeast of the state capital of Sacramento. It is part of the Greater Sacramento area. Lincoln is home to a number of businesses, including the Thunder Valley Casino Resort, which opened in 2003. The city is also home to a number of parks, including McBean Park, Lincoln Hills Golf Course, and Lincoln Crossing Golf Course. The city is served by the Placer Union High School District, which includes Lincoln High School.
Talkov Law’s attorneys serving Placer County are exceptionally experienced in California partition actions and have conducted over 370 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 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.
- How do I file a partition action? Partition actions must be filed in the county where some or all of the co-owned real property is located by way of a partition complaint. While filing the complaint is relatively easy, reaching the end of the partition as quickly and efficiently as possible requires the skill of an experienced partition attorney.
- What type of relief can be granted by the court in a partition action? A partition action generally involves the sale or division of the property, along with an accounting of offsets.
- 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.
- 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.
Speak to Our Lincoln Partition Attorneys Today
Call our Placer County Partition Attorneys today to end your co-ownership dispute. You don’t pay until the house is sold!
Call us at (916) 668-3300 or contact us below to schedule a free, 15-minute consultation
Palpar, Inc. v. Thayer – Partition Action Case Study
In the legal case of Palpar, Inc. v. Thayer, 82 Cal.App.2d 578 (1947), the issue of partition was at the center of the dispute. The case involved a dispute between two shareholders of Palpar, Inc., a California corporation. The plaintiff, Thayer, owned a majority of the shares of the corporation and sought to partition the corporation’s assets and liabilities among the shareholders. The defendant, Palpar, Inc., argued that the partition was not allowed under California law because the corporation was not a partnership. The court ultimately held that the partition was not allowed because the corporation was not a partnership and the shareholders did not have the authority to partition the corporation’s assets and liabilities. The court also held that the shareholders could not agree to a partition without the approval of the corporation’s board of directors.
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 Lincoln, County of Placer, California
Our Lincoln 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 (916) 668-3300 or contact us online today.
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