Experienced Partition Attorneys Serving Simi Valley
Talkov Law’s attorneys serving Ventura 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:
- What are the potential outcomes of a partition action? The most likely outcome in a partition action is that the plaintiff receives fair value for their interest in the property either through a sale to a third party or to the defendant. In rare cases, a property can be divided, through this is not applicable to single family residences with no surplus land.
- Are there methods to resolve a partition situation without a court-ordered sale? The vast majority of partitions are solved without a court-ordered sale. Many times, the defendant will buy out the plaintiff’s interest. Other times, the parties will agree to a voluntary sale on the open market. However, the filing of the partition action is generally what forces the defendant to see the wisdom of settlement. Under California’s Partition of Real Property Act, a defendant can buy out the interest of the plaintiff at an appraised value, meaning that a court-ordered sale is only likely occur where the defendant simply can’t afford to buy the property but still won’t agree to sell.
- Can a partition action be filed for both real property and personal property in California? Yes, all co-owned real and personal property can be partitioned under California law. Cal. Civ. Proc. Code § 872.020.
- 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 to force the sale of jointly owned property? A partition action is the only statutory method to ensure the end of the co-ownership dispute.
Speak to Our Simi Valley Partition Attorneys Today
End your co-ownership in Ventura County today. You don’t pay until the house is sold!
Call us at (805) 880-8800
Partition Actions in Simi Valley
Partitions are quite common in Simi Valley. According to Zillow, the median home value in Simi Valley, California is $619,400 as of 2021. As of 2020, the population of Simi Valley, California is estimated to be 126,818.
Simi Valley is a city located in Ventura County, California, United States. It is situated in the southeast corner of the county, nestled between the Santa Susana Mountains and the Simi Hills. The city is known for its low crime rate, excellent schools, and its proximity to Los Angeles and the San Fernando Valley. Simi Valley is home to the Ronald Reagan Presidential Library, the Santa Susana Field Laboratory, and the Simi Valley Cultural Arts Center. The city is also home to a variety of parks, trails, and recreational activities. Simi Valley is a great place to live, work, and play.
Emeric v. Alvarado – Partition Action Case Study
In the legal case of Emeric v. Alvarado, 8 P.C.L.J. 1018 (1884), the issue was whether a partition of a piece of land could be made without the consent of all the owners. The case involved two brothers, Emeric and Alvarado, who owned a piece of land together. Emeric wanted to partition the land, but Alvarado refused to consent to the partition. The court held that a partition could not be made without the consent of all the owners, and that Emeric could not partition the land without Alvarado’s consent. The court also held that Alvarado had the right to refuse to consent to the partition, and that Emeric could not force him to do so.
Contact our Team of Experienced Partition Lawyers Serving the City of Simi Valley in the County of Ventura, 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 (805) 880-8800 or contact us online for a free consultation about your co-ownership issues.
Our partition attorneys in Simi Valley, California serve Ventura County and surrounding areas including Thousand Oaks, Moorpark, Westlake Village, Agoura Hills, Calabasas, Chatsworth, Northridge, Porter Ranch.