Murrieta Partition Lawyer

Partition Actions in Murrieta

Murrieta is a city located in southwestern Riverside County, California. It is situated in the heart of the Temecula Valley, just south of the city of Temecula. Murrieta is known for its mild climate, excellent schools, and safe neighborhoods. The city is home to a variety of businesses, including technology, medical, and retail. Murrieta is also home to several parks, trails, and recreational facilities. The city is a popular destination for outdoor activities, such as hiking, biking, and horseback riding. Murrieta is also home to several wineries, golf courses, and other attractions.

According to Zillow, the median home value in Murrieta, California is $451,400 as of 2021. The population of the California area of Murrieta is estimated to be 111,844.

Experienced Real Estate Partition Action Attorneys Serving Murrieta

Talkov Law’s attorneys serving Riverside 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:

• Can a minority owner force the sale of a property? There is no requirement for a majority vote for partition. Rather, an co-owner of any interest in property can force 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.
• How long will it take to get the property partitioned and sold? Most commonly, 3 to 6 months is all that it takes for the defendant to agree to a sale or buyout the plaintiff’s interest in the property for a fair value. Some cases may take 6 to 12 months.
• 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.
• 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.