Partition Actions in Yorba Linda
Yorba Linda is a city located in the northeastern corner of Orange County, California. It is known for its rural atmosphere and its proximity to the Santa Ana Mountains. The city is home to the Richard Nixon Presidential Library and Museum, as well as the Yorba Linda Country Club. The city is also home to a variety of parks, trails, and recreational facilities. Yorba Linda is a great place to live, work, and play, with its close proximity to Los Angeles, Anaheim, and other nearby cities.
According to Zillow, the median home value in Yorba Linda, California is $845,000. As of the 2020 United States Census, the population of Yorba Linda, California was estimated to be around 67,912.
Experienced Real Estate Partition Action Attorneys Serving Yorba Linda
Talkov Law’s attorneys serving Orange 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 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.
- What is California’s Partition of Real Property Act? Effective January 1, 2023, California’s new partition law allows defendants to buy out the interests of the plaintiff at an appraised value.
- What is a partition action and when is it necessary?
- Who can file a partition action in California? Generally, any co-owner of real property can file a partition action.
- 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.
Lee v. National Collection Agency, Inc. – Partition Action Case Study
In the legal case of Lee v. National Collection Agency, Inc., 543 F.Supp. 920 (1982), the issue of partition was at the center of the dispute. The plaintiff, Lee, had purchased a parcel of land from the defendant, National Collection Agency, Inc. (NCA). The deed to the property was held in joint tenancy by Lee and NCA, and Lee sought to partition the property in order to gain sole ownership. NCA argued that the deed was not valid, as it had been signed by an unauthorized agent of the company. The court found that the deed was valid, and that Lee was entitled to partition the property. The court also found that NCA was not entitled to any compensation for the partition, as it had not made any improvements to the property.
Contact our Team of Experienced Partition Lawyers Serving the City of Yorba Linda in the County of Orange, 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 (714) 333-3300 or contact us online for a free consultation about your co-ownership issues.
4000 MacArthur Blvd Ste 655
Newport Beach, CA 92660
Phone: (949) 888-8800