distribution of proceeds of sale

CCP 873.820 Application of Proceeds Real Estate Attorney Partition Lawyer

Code of Civil Procedure 873.820 CCP – Application of Proceeds (Partition Actions)

California Code of Civil Procedure 873.820 is the California partition statute that directs the order in which the proceeds of a sale of a property shall be applied. The statute provides that: The proceeds of sale for any property sold shall be applied in the following order: (a) Payment of the expenses of sale. (b) Payment of … Read More

CCP 872.140 Compensatory Adjustment Partion Lawyer California

Code of Civil Procedure 872.140 CCP – Compensatory adjustment among parties; equity (Partition Actions)

California Code of Civil Procedure 872.140 is the California partition statute that allows the court to distribute the proceeds of sale in a partition in an equitable manner. The statute provides that: The court may, in all cases, order allowance, accounting, contribution, or other compensatory adjustment among the parties according to the principles of equity. … Read More

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