Partition Actions in Long Beach

Long Beach is a vibrant coastal city located in Southern California, just south of Los Angeles. It is the seventh-largest city in the state and is home to a diverse population. The city is known for its beautiful beaches, vibrant nightlife, and diverse cultural attractions. Long Beach is a popular destination for tourists, offering a variety of activities such as sailing, surfing, and swimming. The city is also home to the historic Queen Mary, the Aquarium of the Pacific, and the Long Beach Grand Prix. With its sunny climate, diverse attractions, and vibrant culture, Long Beach is a great place to visit and explore.

According to Zillow, the median home value in Long Beach, California is $637,400 as of 2021. As of 2020, the population of the California area of Long Beach is 474,140.

Experienced Real Estate Partition Action Attorneys Serving Long Beach

Talkov Law’s attorneys serving Los Angeles County are exceptionally experienced in the area of California partition actions. California partition actions allows for the division of real property owned by two or more persons. This statute allows for the court to order the sale of the property and the division of the proceeds among the owners. The court may also order the property to be physically divided among the owners. The partition statutes also provide for the court to order the sale of the property and the division of the proceeds among the owners if the court finds that a physical division of the property would be impractical or inequitable. The partition statutes also provide for the court to order the sale of the property and the division of the proceeds among the owners if the owners cannot agree on a physical division of the property. The legal effect of the California partition statute is that it allows for the court to order the sale of the property and the division of the proceeds among the owners if the owners cannot agree on a physical division of the property.

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

Do I need to go to court to win a partition action? While the partition action must be filed with the court, partition actions rarely involve a trial in which the co-owners appear at court. This means it is extremely unlikely that you will need to step foot in a courtroom. Most partition work is done by motion practice involving tentative rulings with little interaction between the court and the attorneys, let alone the co-owners.
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 heirs force the sale of property? Heirs can force the sale of real property in California once that property is distributed to them. However, sometimes, the property is still held in a trust where the trustee will sell the property. When there is no trust, the probate court may decide that the probate administrator will sell the property before it is distributed in fractional interests to the heirs.
What type of relief can be granted by the court in a partition action? A partition action generally involves the sale or division of the property, along with an accounting of offsets.
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.

Speak to Our Long Beach Partition Attorneys Today

Call our Los Angeles County Partition Attorneys today to end your co-ownership dispute. You don’t pay until the house is sold!

Call us at (562) 600-3300 or contact us below to schedule a free, 15-minute consultation

Bell v. Goytino – Partition Action Case Study

In the legal case of Bell v. Goytino, 73 P. 1131 (1903), the issue was whether a partition of land between two parties was valid. The parties had agreed to a partition of the land, but the court found that the partition was not valid because it was not done in accordance with the law. Specifically, the court found that the partition was not done in accordance with the provisions of the partition statute, which required that the partition be done by a court-appointed commissioner. The court also found that the partition was not done in accordance with the terms of the deed, which required that the partition be done by a surveyor. The court held that the partition was invalid and that the parties must go back to the original deed and divide the land according to its terms.

Contact our Team of Experienced Partition Lawyers Serving the City of Long Beach in the County of Los Angeles, 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 (562) 600-3300 or contact us online for a free consultation about your co-ownership issues.