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Lomita Partition Lawyer

Partition Actions in Lomita

Lomita is a small city located in the South Bay region of Los Angeles County, California. It is bordered by the cities of Torrance, Rolling Hills Estates, and Rancho Palos Verdes. The city has a population of approximately 20,000 people and is known for its small-town charm and friendly atmosphere. The city is home to several parks, including Lomita Park, which features a playground, picnic areas, and a walking path. The city also has a variety of restaurants, shops, and other businesses. Lomita is a great place to live for those looking for a quiet, suburban lifestyle.

According to Zillow, the median home value in Lomita, California is $717,400 as of 2021. According to the U.S. Census Bureau, the population of the California area of Lomita was 20,256 as of July 1, 2019.

Experienced Real Estate Partition Action Attorneys Serving Lomita

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 awarding each co-owner a certain percentage of the property’s value. The court will then order the property to be divided according to the co-owners’ wishes. The partition statutes also provide that if the court finds that a physical division of the property is not possible, it may order the property to be sold and the proceeds divided among the co-owners.

Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:

  • 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.
  • Can you lose interest in a jointly owned home by moving out? Generally, co-owners maintain their ownership interests regardless of whether they live at the property. However, in rare cases, leaving the property for many years without paying taxes or other expenses may allow the co-owners in possession to argue that they have adversely possessed the property. Generally, these co-ownership disputes do not get easier with time, so it is important to act promptly.
  • 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.
  • How will the court in a California partition action determine how much each co-owner will receive from the sales proceeds? Generally, each co-owner will receive their fractional interest in the proceeds of sale based on their ownership interests. However, this amount can be enhanced or diminished by partition offsets whereby one co-owner paid more than their fractional interest for property expenses.
  • 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.

Speak to Our Lomita Partition Attorneys Today

Call our Los Angeles County Partition Attorneys today to end your co-ownership dispute. You don’t pay until the house is sold!

Call us at (310) 496-3300 or contact us below to schedule a free, 15-minute consultation

    George v. Williams – Partition Action Case Study

    In the legal case of George v. Williams, 2022 WL 152195, 2D CIV. B309218 (18-Jan-2022) , the partition issues revolve around the division of a piece of real estate owned by the parties. The plaintiff, George, is seeking to partition the property, which is owned jointly by both parties, into two separate parcels. The defendant, Williams, is arguing that the property should not be partitioned, as it would be detrimental to the value of the property. The court must decide whether to grant the plaintiff’s request for partition or to deny it, taking into consideration the potential impact on the value of the property.

    Contact our Team of Experienced Partition Lawyers Serving the City of Lomita 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.

    Talkov Law Los Angeles Office

    10880 Wilshire Blvd Ste 1101
    Los Angeles, CA 90024
    Phone: (310) 496-3300

    Talkov Law Offices

    Our partition attorneys in Lomita also serve Torrance, Harbor City, Rolling Hills Estates, Rancho Palos Verdes, and San Pedro.

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