Partition Attorney in Downey, California

Partition Lawyer Downey Los Angeles California Attorney Partition Action

Experienced Partition Action Lawyers in Downey

A California partition action is a law that allows co-owners of real property to divide the property among themselves. The partition statutes provide a legal mechanism for co-owners to divide the property without having to go through the court system. The partition statutes allow co-owners to divide the property either by agreement or by court order. If the co-owners cannot agree on how to divide the property, then the court will divide the property in a way that is fair and equitable to all parties. The partition statutes also provide that any partition of the property must be in accordance with the laws of the state of California. The legal effect of the partition statutes is that it provides a legal mechanism for co-owners to divide their property without having to go through the court system. The valuable real estate in Downey often creates disagreements between co-owners that can only be solved by a Los Angeles partition attorney skilled in the judicial procedures in Los Angeles County.

  • What are the tax implications of a partition action? It is best to seek the advice of a tax attorney or CPA about tax issues. However, the most common tax issues in partitions, like other sales, can involve capital gains taxes and the potential partial or full reassessment of property taxes.
  • 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 types of properties can be subject to a partition action in California? All co-owned real or personal property can be partitioned under California law. Cal. Civ. Proc. Code § 872.020.
  • How long does a partition action take in California?” Most partition actions are complete in 3 to 6 months because most cases settle in either a buyout or agreed sale. However, some cases can drag on for 6 to 12 months.
  • 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.

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Partition Actions in Downey

Partition actions are common in the City of Downey.

Downey, California was founded in 1873 by John Gately Downey, a former governor of California. The city was originally named “Downey City” and was incorporated in 1956. The city was once home to the world’s largest manufacturing plant for the production of the Apollo Spacecraft. It was also home to the first Taco Bell restaurant, which opened in 1962. The city has a rich history of aerospace and automotive manufacturing, and is home to the oldest operating McDonald’s restaurant in the world, which opened in 1953. Downey is also home to the Columbia Memorial Space Center, a museum and educational facility dedicated to the exploration of space.

Downey includes the zip codes of 90239, 90240, 90241, 90242.

Partition Actions Under California Law

Gates v. Salmon

In the legal case of Gates v. Salmon, 35 Cal. 576 (1868), the issue of partition was at the center of the dispute. The case involved two parties, Gates and Salmon, who had jointly purchased a piece of land. The two parties had agreed to divide the land into two equal parts, but Salmon had failed to do so. Gates then filed a lawsuit against Salmon, seeking a court order to compel Salmon to divide the land into two equal parts. The court ultimately ruled in favor of Gates, ordering Salmon to divide the land into two equal parts. The court also ordered Salmon to pay Gates for any damages caused by his failure to divide the land. This case serves as an example of how partition issues can arise in real estate transactions and how the court can intervene to resolve such disputes.

Contact our Team of Experienced Partition Lawyers Serving the City of Downey, California

Contact Experienced Partition Attorney Scott Talkov

(562) 600-3300

Experienced California Partition Attorney Serving Downey

When faced with a disagreement with your co-owner regarding the sale of your property in Downey, our partition attorneys in Los Angeles County are here to safeguard your rights and expedite the resolution process through court intervention. With extensive expertise in resolving co-ownership disputes in Downey, California, we can assist you in unlocking the value of your property. To schedule a complimentary 15-minute consultation with one of our dedicated partition attorneys at Partition Los Angeles, simply reach out to us via phone at (562) 600-3300 or complete an online contact form.

Our Downey partition attorneys also serve the nearby areas of Norwalk, Bellflower, Paramount, Santa Fe Springs, Pico Rivera, and Whittier.