Partition Actions in San Gabriel
San Gabriel is a city located in Los Angeles County, California. It is situated at the base of the San Gabriel Mountains and is part of the Greater Los Angeles Area. The city is known for its historic downtown area, which features a variety of restaurants, shops, and other attractions. San Gabriel is also home to several parks, including the San Gabriel Mission, which was founded in 1771 and is the fourth oldest mission in California. The city is also home to a number of educational institutions, including the University of La Verne and the University of Southern California.
According to Zillow, the median home value in San Gabriel, California is $717,400 as of 2021. The population of the San Gabriel area of California is 44,719.
Experienced Real Estate Partition Action Attorneys Serving San Gabriel
Talkov Law’s attorneys serving Los Angeles County are exceptionally experienced in the area of California partition actions. California partition actions allows for the division of real property among co-owners. This statute provides a legal mechanism for co-owners to divide their real property into separate interests. The partition statutes allow for the court to order a partition of the property, either by physically dividing the property or by selling the property and dividing the proceeds among the co-owners. The partition statutes also provide for the court to award damages to any co-owner who has been wrongfully excluded from the property. The partition statutes also allows for the court to award attorney’s fees and costs to the prevailing party.
Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:
- 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 a partition action be stopped? Generally, a partition action cannot be stopped, but a defendant may be able to buy time to seek a resolution. Eventually, however, the plaintiff can generally force the sale of the property based on the absolute right to partition.
- What is a partition referee? A partition referee is a neutral third party, often times a lawyer or real estate broker, who completes the sale for the co-owners under court authority. The referee is then paid for their services either on an hourly, flat fee, or commission basis, and is relieved by the court of their duties in the case.
- Are there ways to make my partition action less expensive? There are numerous ways to obtain a less expensive partition action in California. For example, having your documents organized can ensure you don’t have to pay your attorney to go through a disorganized mess to get the information they need.
- 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.
Speak to Our San Gabriel Partition Attorneys Today
Call our Los Angeles County Partition Attorneys today to end your co-ownership dispute. You don’t pay until the house is sold!
Call us at (626) 777-3300 or contact us below to schedule a free, 15-minute consultation
Reed v. Allison – Partition Action Case Study
In the legal case of Reed v. Allison, 9 P.C.L.J. 446 (1882), the issue of partition was at the center of the dispute. The case involved a dispute between two siblings, Reed and Allison, over the partition of their father’s estate. The court found that the siblings had agreed to divide the estate equally, but that Reed had failed to comply with the agreement. The court held that Reed was liable for the costs of partition, and ordered him to pay the costs of the partition. The court also held that Reed was liable for any damages caused by his failure to comply with the agreement. The court also held that the partition should be done in accordance with the agreement, and that any disputes should be resolved by the court.
Contact our Team of Experienced Partition Lawyers Serving the City of San Gabriel, County of Los Angeles, California
Our San Gabriel 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, call (626) 777-3300 or contact us online today.
Talkov Law Los Angeles Office
10880 Wilshire Blvd Ste 1101
Los Angeles, CA 90024
Phone: (310) 496-3300
Our partition attorneys in San Gabriel also serve Alhambra, Rosemead, Monterey Park, Temple City, Arcadia, San Marino, Pasadena, South Pasadena, and Altadena