Experienced Partition Attorneys Serving San Diego
Talkov Law’s attorneys serving San Diego County are exceptionally experienced in the area of California partition actions. A California partition action is a law that allows co-owners of real property to divide the property among themselves. The partition statutes provide a legal mechanism for co-owners to divide the property without having to go through the court system. The partition statutes allow co-owners to divide the property either by agreement or by court order. If the co-owners cannot agree on how to divide the property, then the court will divide the property in a way that is fair and equitable to all parties. The partition statutes also provide that any partition of the property must be in accordance with the laws of the state of California. The legal effect of the partition statutes is that it provides a legal mechanism for co-owners to divide their property without having to go through the court system.
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 the tax implications of a partition action? It is best to seek the advice of a tax attorney or CPA about tax issues. However, the most common tax issues in partitions, like other sales, can involve capital gains taxes and the potential partial or full reassessment of property taxes.
- 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.
- Can a Trust File a Partition? Yes, a trust can file a partition action as the co-owner of real property in California.
- What are the grounds for a partition action in California? A co-owner is “entitled to partition as a matter of absolute right,” meaning “he need not assign any reason for his demand; that it is sufficient if he demands a severance; and that when grounds for a sale are duly established it may be demanded as of right. To grant it is not a mere matter of grace.” De Roulet v. Mitchel (1945) 70 Cal.App.2d 120, 123-124.
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Partition Actions in San Diego
Partitions are quite common in San Diego. According to Zillow, the median home value in San Diego, California is $637,400 as of 2021. As of July 2020, the population of the San Diego area of California is estimated to be 3,338,330.
San Diego is a coastal city in the U.S. state of California. It is located on the coast of the Pacific Ocean in Southern California, approximately 120 miles south of Los Angeles and immediately adjacent to the border with Mexico. San Diego is the second-largest city in California and the eighth-largest city in the United States. It is known for its mild year-round climate, natural deep-water harbor, extensive beaches, long association with the U.S. Navy, and recent emergence as a healthcare and biotechnology development center. San Diego has been called “the birthplace of California”.
Anaheim Union Water Co. v. Ashcroft – Partition Action Case Study
In the legal case of Anaheim Union Water Co. v. Ashcroft, 153 Cal. 152 (1908), the issue of partition was at the center of the dispute. The case involved a dispute between Anaheim Union Water Company and the Ashcroft family over the ownership of a parcel of land. The Ashcroft family had purchased the land from the Anaheim Union Water Company, but the company had failed to properly partition the land, resulting in the Ashcroft family owning a portion of the land that was not legally theirs. The court ultimately ruled in favor of the Ashcroft family, finding that the Anaheim Union Water Company had failed to properly partition the land and that the Ashcroft family was entitled to the portion of the land that they had purchased.
Contact our Team of Experienced Partition Lawyers Serving the City of San Diego in the County of San Diego, 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 (858) 800-3300 or contact us online for a free consultation about your co-ownership issues.
Our partition attorneys in San Diego, California serve San Diego County and surrounding areas including La Jolla, Del Mar, Encinitas, Carlsbad, Oceanside, Escondido, Chula Vista, Coronado, La Mesa, El Cajon.
