Loomis Partition Lawyer

Partition Actions in Loomis

Loomis is a small town located in Placer County, California. It is situated in the Sierra Nevada foothills, about 25 miles northeast of Sacramento. The town is known for its rural atmosphere and its proximity to the American River. It is home to a variety of outdoor activities, including fishing, camping, hiking, and biking. The town is also home to several wineries, and is a popular destination for wine tasting. Loomis is also home to a variety of restaurants, shops, and other businesses.

According to Zillow, the median home value in Loomis, California is $619,400 as of 2021. The population of the California area of Loomis is 8,493, according to the 2020 United States Census.

Experienced Real Estate Partition Action Attorneys Serving Loomis

Talkov Law’s attorneys serving Placer 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:

  • What happens to any debts or liens on the property during a partition action? Secured debts are paid from the sale of the property. Secured lenders named in a partition action are generally dismissed with an agreement to pay the mortgage at the time of the sale.
  • What is the average cost of a partition action? The usual cost for a partition action is about $8,000 to $12,000, depending on the complexity. Some cases settle quickly after the defendant receives the partition complaint, while others can drag on longer if there are more complex issues or delay tactics by the defendant.
  • Will the plaintiff win a California partition action? The plaintiff almost always prevails in a partition. This is because the right to partition is absolute under California law. Most partition actions result in the Defendant agreeing to sell the property or buyout the plaintiff’s interest in the property, which is generally the plaintiff’s goal.
  • 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.
  • How long does a partition action take in California?” Most 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.

Speak to Our Loomis 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

    Weinsaft v. Deckel – Partition Action Case Study

    In the legal case of Weinsaft v. Deckel, 2022 WL 17546706, B313200 (9-Dec-2022) , the issue of partition was at the center of the dispute. The plaintiff, Weinsaft, and the defendant, Deckel, were co-owners of a parcel of real property. Weinsaft sought to partition the property, while Deckel opposed the partition. The court had to determine whether the partition should be granted and, if so, how the property should be divided. The court considered the parties’ respective interests in the property, the value of the property, and the potential costs of partitioning the property. Ultimately, the court granted the partition, ordering that the property be divided into two equal parts.

    Contact our Team of Experienced Partition Lawyers Serving the City of Loomis, County of Placer, California

    Our Loomis 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 at (916) 668-3300 or contact us online today.

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