Experienced Partition Action Lawyers in Walnut
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 Walnut 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 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.
- Can a Trust File a Partition? Yes, a trust can file a partition action as the co-owner of real property in California.
- What are the costs associated with a partition action? The costs of a partition action generally involve the attorney’s fees, and court costs, but can involve referee fees and broker’s fees if the property is sold.
- 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.
- How much does a partition action cost? The cost of a partition action can vary widely depending on the complexity of the case. A typical partition action usually costs between $5,000 and $12,000, with about $8,000 being the most common cost. However, difficulty locating a defendant, the motion to appoint a partition referee, delay tactics by defendants, and other issues may raise the cost of your partition action. An experienced partition lawyer can mitigate costs and resolve your co-ownership dispute with maximum efficiency.
Partition Actions in Walnut
Partition actions are common in the City of Walnut.
Walnut, California is a city located in the eastern San Gabriel Valley of Los Angeles County. It was first settled in 1876 by a group of settlers from the East Coast who were looking for a place to start a new life. The city was originally called “Nuevo” and was later renamed “Walnut” after the abundance of walnut trees in the area. The city was incorporated in 1959 and has since grown to become a thriving community with a population of over 30,000. The city is known for its excellent schools, parks, and recreational activities. It is also home to the Mt. San Antonio College, which is one of the largest community colleges in the state.
Walnut includes the zip codes of 91789, 91788.
Partition Actions Under California Law
Starcevic v. Pentech Financial Services, Inc.
In the legal case of Starcevic v. Pentech Financial Services, Inc., 66 Cal.App.5th 365 (2021), the issue of partition was at the center of the dispute. The plaintiff, Starcevic, owned a 50% interest in a property with Pentech Financial Services, Inc. (Pentech). Starcevic sought to partition the property, which would have resulted in the sale of the property and the division of the proceeds between the two parties. Pentech opposed the partition, arguing that it would be inequitable and that it would cause them to suffer a financial loss. The court ultimately found that partition was not appropriate in this case, as it would be inequitable to Pentech and would not be in the best interests of both parties.
Contact our Team of Experienced Partition Lawyers Serving the City of Walnut, California
Contact Experienced Partition Attorney Scott Talkov
(909) 577-3300
Experienced California Partition Attorney Serving Walnut
When faced with a disagreement with your co-owner regarding the sale of your property in Walnut, 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 Walnut, 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 (909) 577-3300 or complete an online contact form.
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