Experienced Partition Action Lawyers in Malibu
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 possible, it may order the property to be sold and the proceeds divided among the co-owners. The valuable real estate in Malibu 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.
- 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.
- 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.
- Can a minority owner force the sale of a property? There is no requirement for a majority vote for partition. Rather, an co-owner of any interest in property can force the sale.
- 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.
- Can a Trust File a Partition? Yes, a trust can file a partition action as the co-owner of real property in California.
Partition Actions in Malibu
Partition actions are common in the City of Malibu.
The history of the Los Angeles community of Malibu dates back to the Chumash Indians, who were the first inhabitants of the area. The Chumash lived in the area for thousands of years, and their presence is still evident in the many archaeological sites that remain in the area. In the late 19th century, the area was settled by Spanish and Mexican ranchers, who established large cattle ranches in the area. In the early 20th century, the area was developed as a beach resort, and the first Malibu pier was built in 1905. In the 1950s, Malibu became a popular destination for Hollywood celebrities, and the area was transformed into a luxurious beachfront community. In the 1960s, Malibu was the site of the first surf culture in the United States, and the area became known as the “Surf City” of the West Coast. Today, Malibu is a popular destination for tourists and locals alike, and the area is home to some of the most exclusive real estate in the world.
Malibu includes the zip codes of 90263, 90264, 90265.
Partition Actions Under California Law
Kraft v. Krausch
In the legal case of Kraft v. Krausch, 2003 WL 22430209, C043271 (27-Oct-2003) , is a legal case involving a dispute over the partition of a parcel of real property. The dispute arose when the parties, Kraft and Krausch, were unable to agree on the terms of a partition agreement. Kraft argued that the parcel should be divided into two equal parts, while Krausch argued that the parcel should be divided into three parts, with two parts going to Kraft and one part going to Krausch. The court ultimately ruled in favor of Kraft, finding that the parcel should be divided into two equal parts. The court also found that Krausch was not entitled to any additional compensation for his share of the parcel. The case highlights the importance of parties coming to an agreement on the terms of a partition agreement before taking the matter to court.
Contact our Team of Experienced Partition Lawyers Serving the City of Malibu, California
Contact Experienced Partition Attorney Scott Talkov
(310) 496-3300
Experienced California Partition Attorney Serving Malibu
When faced with a disagreement with your co-owner regarding the sale of your property in Malibu, 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 Malibu, 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 (310) 496-3300 or complete an online contact form.
Additional Locations
Also serving Los Angeles County, Los Angeles, Long Beach, Santa Clarita, Glendale, Pomona, Torrance, Pasadena, El Monte, Downey, Inglewood, West Covina, Norwalk, Burbank, Compton, South Gate, Carson, Santa Monica, Hawthorne, Whittier, Alhambra, Lakewood, Bellflower, Baldwin Park, Lynwood, Redondo Beach, Pico Rivera, Montebello, Monterey Park, Gardena, Arcadia, Huntington Park, Diamond Bar, Rosemead, Paramount, Glendora, Azusa, Cerritos, La Mirada, Covina, Bell Gardens, Rancho Palos Verdes, San Gabriel, La Puente, Culver City, West Hollywood, Monrovia, Claremont, Temple City, Bell, Manhattan Beach, Beverly Hills, San Dimas, Lawndale, La Verne, Walnut, Maywood, South Pasadena, San Fernando, Calabasas, Cudahy, Duarte, South El Monte, Lomita, Agoura Hills, La Cañada Flintridge, Hermosa Beach, Santa Fe Springs, El Segundo, Artesia, Hawaiian Gardens, Palos Verdes Estates, San Marino, Commerce, Malibu, Signal Hill, Sierra Madre, Westlake Village, Rolling Hills Estates, La Habra Heights, Avalon, Hidden Hills, Rolling Hills, Irwindale, Bradbury, Industry, and Vernon and more.
