Real property, in the realm of real estate law, constitutes the foundation of partition actions and other countless legal disputes and litigation. Understanding the intricacies of real property is crucial for anyone involved in real estate, whether as property owners, buyers, sellers, or lenders.
Defining Real Property
Real property, often referred to simply as “real estate” or “realty,” encompasses land and everything permanently attached to it. This includes structures, natural resources, and any improvements made to the land. In legal terms, real property is distinguished from personal property by its immobility — it is fixed in location and cannot be easily moved.
Real property is defined by California Civil Code 658 as follows:
Real or immovable property consists of:
1. Land;
2. That which is affixed to land;
3. That which is incidental or appurtenant to land;
4. That which is immovable by law; except that for the purposes of sale, emblements, industrial growing crops and things attached to or forming part of the land, which are agreed to be severed before sale or under the contract of sale, shall be treated as goods and be governed by the provisions of the title of this code regulating the sales of goods.
California Civil Code § 658
What Is Considered Real Property
Key components of real property include:
- Land: The physical surface of the earth, extending downwards to its core and upwards to the sky.
- Improvements: Man-made additions or alterations to the land, such as buildings, fences, roads, and utilities.
- Appurtenances: Rights or privileges that are attached to the land, such as easements or water rights.
Resolution Mechanisms for Co-Owners in Real Estate Litigation
When disputes related to co-ownership of real property arise, various mechanisms can be employed to seek resolution:
- Negotiation and Settlement: Parties may engage in negotiations to reach a mutually agreeable settlement, avoiding the costs and uncertainties associated with litigation. Talkov Law has even provided a Letter Warning of Partition to aid co-owners who are looking to settle their partition dispute outside of court.
- Mediation and Arbitration: Alternative dispute resolution methods, such as mediation or arbitration, provide avenues for resolving conflicts outside the courtroom, often in a more expeditious and cost-effective manner.
- Litigation: If disputes cannot be resolved through negotiation or alternative methods, litigation may be necessary. The knowledgeable partition attorneys at Talkov Law have experience handling over 250 partition actions throughout California and are available to assist you in ending your co-ownership dispute quickly and efficiently.
Contact the Experienced Partition Attorneys at Talkov Law
Real property is the cornerstone of real estate, and its legal implications are vast and complex. Understanding the nature of real property is essential for anticipating and addressing potential issues. However, issues can arise even with careful planning. If you are experiencing a dispute between co-owners, the partition attorneys at Talkov Law can help you end your co-ownership dispute with either a sale of the property to a third-party buyer or to one of the other co-owners. Give California’s #1 partition action law firm a call today at (844) 4-TALKOV (825568) or send us a message.
