Partition Actions in Mountain View
Mountain View is a city located in Santa Clara County, California, in the San Francisco Bay Area. It is one of the major cities in Silicon Valley and is home to many of the world’s largest technology companies, including Google, LinkedIn, and Symantec. The city is known for its vibrant downtown area, which features a variety of restaurants, shops, and entertainment venues. Mountain View also has a number of parks and trails, as well as a thriving arts and culture scene. The city is also home to the Computer History Museum, which showcases the history of computing and technology.
According to Zillow, the median home value in Mountain View, California is $1,890,000 as of 2021. As of 2020, the population of Mountain View, California is 82,739.
Experienced Real Estate Partition Action Attorneys Serving Mountain View
Talkov Law’s attorneys serving Santa Clara 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 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.
- 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.
- 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 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.
- What is a partition action and when is it necessary?
In re Knox’ Estate – Partition Action Case Study
In the legal case of In re Knox’ Estate, 52 Cal.App.2d 338 (1942), is a legal case that deals with the issue of partition of property. The case involved a dispute between two siblings, Mary and William Knox, over the partition of their father’s estate. Mary claimed that she was entitled to a one-half interest in the estate, while William argued that he was entitled to the entire estate. The court found that Mary was entitled to a one-half interest in the estate, and ordered a partition of the estate. The court also held that Mary was entitled to a one-half interest in the proceeds of the sale of the estate, and that William was entitled to the other one-half. The court also held that Mary was entitled to a one-half interest in the rents and profits of the estate, and that William was entitled to the other one-half. The court also ordered that the partition be made in accordance with the laws of the state of California.
Contact our Team of Experienced Partition Lawyers Serving the City of Mountain View in the County of Santa Clara, 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 (650) 999-3300 or contact us online for a free consultation about your co-ownership issues.