Partition Actions in Vernon
Vernon is a small city located in Los Angeles County, California. It is an industrial city, home to over 1,800 businesses, and is the most densely populated city in the state. It is known for its low taxes, which have attracted many businesses to the area. The city is home to a variety of industries, including food processing, manufacturing, and warehousing. It is also home to the Los Angeles County Fairgrounds, which hosts a variety of events throughout the year. Vernon is a great place to live, work, and play, and is a great place to visit for its unique attractions and culture.
According to Zillow, the median home value in Vernon, Los Angeles County, California is $541,400 as of 2021. The population of Vernon, California is 112.
Experienced Real Estate Partition Action Attorneys Serving Vernon
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 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:
- How does a partition action work in California?
- Who can file a partition action in California? Generally, any co-owner of real property can file a partition action.
- What are the steps involved in a partition action in California? The first step is to file a partition complaint in California, which is followed by a request for the court to enter an interlocutory judgment of partition, thereby appointing a partition referee under the partition statutes.
- 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 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.
Speak to Our Vernon 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 (562) 600-3300 or contact us below to schedule a free, 15-minute consultation
Kenco Investments, Inc. v. Marsh – Partition Action Case Study
In the legal case of Kenco Investments, Inc. v. Marsh, 2020 WL 3444435, F077602 (24-Jun-2020), the issue of partition was at the center of the dispute. The dispute arose when Kenco Investments, Inc. (Kenco) and Marsh, the owners of a jointly owned property, could not agree on how to divide the property. Kenco sought a court order to partition the property, while Marsh argued that the property should remain undivided. The court ultimately found that the property should be partitioned, and ordered that the property be divided into two separate parcels. The court also ordered that Marsh pay Kenco for the value of the portion of the property that was allocated to Kenco.
Contact our Team of Experienced Partition Lawyers Serving the City of Vernon, County of Los Angeles, California
Our Vernon 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 (562) 600-3300 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 Vernon also serve East Los Angeles, Huntington Park, Maywood, Bell, Commerce, South Gate, Bell Gardens, Cudahy, and Boyle Heights
