Experienced Partition Attorneys Serving Torrance
Talkov Law’s attorneys serving Los Angeles 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 awarding each co-owner a certain percentage of the property’s value. The court will then order the property to be divided according to the co-owners’ wishes. The partition statutes also provide that if the court finds that a physical division of the property is not feasible, it may order the property to be sold and the proceeds divided among the co-owners.
Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:
- 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.
- In a partition action, can I be reimbursed for paying more than my fair share of the down payment? Yes, partition actions allow for offsets whereby one co-owner claims excess payments for mortgage, taxes, insurance, improvements, repairs and other property expenses
- 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.
- What type of relief can be granted by the court in a partition action? A partition action generally involves the sale or division of the property, along with an accounting of offsets.
- When is a partition action right for my dispute? Generally, parties who can reach their own resolution of a co-ownership dispute are not reading websites about partition law. If you are reading this article, chances are that your co-ownership dispute has reached a level where legal options are being considered. Filing a partition action will bring about a certain result to the co-ownership dispute, rather than letting it linger for years on end. However, if the parties are very close to a settlement, it may be wise to consider a resolution.
Speak to Our Torrance Partition Attorneys Today
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Call us at (310) 496-3300
Partition Actions in Torrance
Partitions are quite common in Torrance. According to Zillow, the median home value in Torrance, California is $717,400 as of 2021. As of 2020, the population of the California area of Torrance is 147,478.
Torrance is a city located in the South Bay region of Los Angeles County, California. It is the eighth-largest city in Los Angeles County and the 33rd-largest city in California. Torrance is known for its low crime rate, excellent schools, and beautiful beaches. The city is home to a variety of businesses, including aerospace, automotive, and medical technology companies. Torrance is also home to a number of parks, golf courses, and recreational facilities. The city is also known for its vibrant arts and culture scene, with a number of galleries, museums, and performing arts venues.
Donlon v. Donlon – Partition Action Case Study
In the legal case of Donlon v. Donlon, 155 Cal.App.2d 362 (1957), the issue of partition was at the center of the dispute. The case involved a dispute between two siblings over the partition of a family home. The siblings had inherited the home from their parents, and the plaintiff, the brother, wanted to partition the home so that each sibling could have their own separate residence. The defendant, the sister, argued that the home should remain undivided, as it had been for many years. The court ultimately ruled in favor of the plaintiff, finding that the partition of the home was necessary to ensure that each sibling had their own separate residence. The court also noted that the partition would not cause any significant harm to either sibling, and that it was in the best interests of both parties to divide the home.
Contact our Team of Experienced Partition Lawyers Serving the City of Torrance in the County of Los Angeles, 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 (310) 496-3300 or contact us online for a free consultation about your co-ownership issues.
Our partition attorneys in Torrance, California serve Los Angeles County and surrounding areas including Redondo Beach, Manhattan Beach, Hermosa Beach, Palos Verdes Estates, Rolling Hills Estates, Lomita, Carson, Gardena, Lawndale, Hawthorne, El Segundo, Inglewood, and Long Beach.