Partition Actions in Manhattan Beach
Manhattan Beach is a beachfront city located in southwestern Los Angeles County, California. It is known for its wide, sandy beaches, excellent surfing, and laid-back atmosphere. The city is home to a variety of restaurants, shops, and entertainment venues, as well as a number of parks and recreational areas. Manhattan Beach is also home to the Manhattan Beach Pier, which is a popular spot for fishing, sightseeing, and watching the sunset. The city is a popular destination for tourists and locals alike, and is a great place to spend a day or weekend.
According to Zillow, the median home value in Manhattan Beach, Los Angeles County, California is $2,717,400 as of 2021. As of the 2020 United States Census, the population of Manhattan Beach, California was 35,135.
Experienced Real Estate Partition Action Attorneys Serving Manhattan Beach
Talkov Law’s attorneys serving Los Angeles County are exceptionally experienced in the area of California partition actions. 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 also provide a way for co-owners to force the sale of the property if they cannot agree on how to divide it. The partition statutes also set out the procedures for the sale of the property and how the proceeds of the sale will be divided among the co-owners. The partition statutes also provide for the payment of costs associated with the sale of the property.
Our team of partition attorneys can assist co-owners with frequently asked questions about partitions, such as:
- 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.
- 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.
- 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.
- 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.
- 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.
Speak to Our Manhattan 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 (310) 496-3300 or contact us below to schedule a free, 15-minute consultation
Ryan v. Carter – Partition Action Case Study
In the legal case of Ryan v. Carter, 93 U.S. 78 (1876), the issue was whether a partition of real estate could be made without the consent of all the owners. The case involved a dispute between two brothers, John and William Ryan, who owned a tract of land in common. John wanted to partition the land, but William refused to consent. The Supreme Court held that a partition of real estate could not be made without the consent of all the owners, and that the partition could not be enforced against William. The Court reasoned that a partition of real estate was a matter of contract, and that all the owners must agree to it in order for it to be valid.
Contact our Team of Experienced Partition Lawyers Serving the City of Manhattan Beach, County of Los Angeles, California
Our Manhattan Beach partition litigation attorneys will work diligently to obtain a favorable outcome on your behalf, whether by negotiation or litigation. Talkov law unlocks access to justice for co-owners by funding your case. For qualified cases, you pay no fees until we successfully partition your property by obtaining a sale on the market or to your co-owner! For a free consultation with California’s first and largest team of partition attorneys at Talkov Law at (310) 496-3300 or contact us online today.
Talkov Law Los Angeles Office
10880 Wilshire Blvd Ste 1101
Los Angeles, CA 90024
Phone: (310) 496-3300
Our partition attorneys in Manhattan Beach also serve Hermosa Beach, Redondo Beach, El Segundo, Torrance, Hawthorne, Lawndale, Gardena, and Inglewood