Alhambra Partition Lawyer

Partition Actions in Alhambra

Alhambra is a city located in the western San Gabriel Valley region of Los Angeles County, California. It is approximately eight miles from the Downtown Los Angeles Civic Center. Alhambra is known for its historic architecture, including the Alhambra Palace, a Moorish-style castle built in the early 20th century. The city is also home to a variety of cultural attractions, including the San Gabriel Mission, the Pacific Asia Museum, and the Alhambra Civic Center Plaza. Alhambra is a vibrant and diverse community, with a variety of restaurants, shops, and entertainment venues. The city is also home to a number of parks and recreational facilities, including the Alhambra Park and Recreation Center.

According to Zillow, the median home value in Alhambra, California is $717,400 as of 2021. As of 2020, the population of the California area of Alhambra is 83,726.

Experienced Real Estate Partition Action Attorneys Serving Alhambra

Talkov Law’s attorneys serving Los Angeles County are exceptionally experienced in the area of California partition actions. 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 sale. The court will then order the division of the property in a way that is fair and equitable to all parties. The partition statutes also provide that any proceeds from the sale of the property must be divided among the co-owners in proportion to their respective interests in the property.

Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:

• What is a partition referee? A partition referee is a neutral third party, often times a lawyer or real estate broker, who completes the sale for the co-owners under court authority. The referee is then paid for their services either on an hourly, flat fee, or commission basis, and is relieved by the court of their duties in the case.
• 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 I still file a partition if my co-owner has filed for bankruptcy? Yes, the partition action can generally be filed in the bankruptcy court or the bankruptcy court can apply state partition law to allow offsets when the co-owned property is sold by the bankruptcy trustee.
• Are there ways to make my partition action less expensive? There are numerous ways to obtain a less expensive partition action in California. For example, having your documents organized can ensure you don’t have to pay your attorney to go through a disorganized mess to get the information they need.
• What happens to any debts or liens on the property during a partition action? Secured debts are paid from the sale of the property. Secured lenders named in a partition action are generally dismissed with an agreement to pay the mortgage at the time of the sale.