Partition Actions in Riverside County
Riverside County is a county located in the southern part of the U.S. state of California. As of the 2010 census, the population was 2,189,641, making it the fourth-most populous county in California and the 11th-most populous in the United States. The name was derived from the city of Riverside, which is the county seat. Riverside County is included in the Riverside-San Bernardino-Ontario, CA Metropolitan Statistical Area, also known as the Inland Empire. The county is also included in the Los Angeles-Long Beach, CA Combined Statistical Area.
According to Zillow, the median home value in Riverside County, California is $385,000 as of 2021. As of July 1, 2019, the population of Riverside County, California was 2,485,919.
Experienced Real Estate Partition Action Attorneys Serving Riverside County
Talkov Law’s attorneys serving Riverside County are exceptionally experienced in the area of California partition actions. California partition actions allows for the partition of real property owned by two or more persons. This statute provides a legal mechanism for the division of real property when the owners cannot agree on how to divide the property. The partition statutes allow for the court to order the sale of the property and the division of the proceeds among the owners. The partition statutes also allows for the court to order the physical division of the property if it is feasible. The partition statutes also provide for the court to order the partition of the property by allotment, which is when the court assigns each owner a specific portion of the property.
Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:
- How long will it take for the plaintiff to receive his or her share of the sales proceeds? Usually, the property is marketed for sale or purchased by the defendant in 3 to 6 months. If a referee is appointed, that may take 6 to 9 months. With proper drafting of an interlocutory judgment of partition by sale, the referee can be required to disburse the proceeds promptly at the close of escrow or shortly thereafter.
- 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.
- 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.
- How much does a partition action cost? The cost of a partition action can vary widely depending on the complexity of the case. A typical partition action usually costs between $5,000 and $12,000, with about $8,000 being the most common cost. However, difficulty locating a defendant, the motion to appoint a partition referee, delay tactics by defendants, and other issues may raise the cost of your partition action. An experienced partition lawyer can mitigate costs and resolve your co-ownership dispute with maximum efficiency.
- 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.
Speak to Our Riverside County Partition Attorneys Today
Call our Riverside County Partition Attorneys today to end your co-ownership dispute. You don’t pay until the house is sold!
Call us at (951) 888-3300 or contact us below to schedule a free, 15-minute consultation
Ahr v. Ahr – Partition Action Case Study
In the legal case of Ahr v. Ahr, 153 Cal.App.2d 1 (1957), the issue was whether a partition of real property was valid. The plaintiff, Mrs. Ahr, had inherited a parcel of real property from her father. She and her husband, the defendant, had agreed to partition the property, with Mrs. Ahr receiving one-half of the property and her husband receiving the other half. However, the partition was not properly executed, as the deed was not recorded and the property was not physically divided. The court held that the partition was invalid, as it did not comply with the requirements of the law. The court also held that Mrs. Ahr was entitled to the entire property, as she was the sole owner of the property.
Contact our Team of Experienced Partition Lawyers Serving the Riverside County County in the County of Riverside, 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 (951) 888-3300 or contact us online for a free consultation about your co-ownership issues.