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Walnut Partition Lawyer

Partition Actions in Walnut

Walnut is a small city located in Los Angeles County, California. It is situated between the San Jose Hills mountain range and the Puente Hills. The city is named after the California black walnut, which is native to the area. Walnut has a several popular annual events, including the Walnut Family Festival and the Mt. SAC Relays. Walnut is a great place to live, work, and play.

According to Zillow, the median home value in Walnut, Los Angeles County, California is $817,400 as of 2021. Walnut, California has a population of 30,004 according to the 2020 United States Census.

Experienced Real Estate Partition Action Attorneys Serving Walnut

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 allow co-owners to divide the property either by agreement or by court order. If the co-owners cannot agree on how to divide the property, then the court will divide the property in a way that is fair and equitable to all parties. The partition statutes also provide that any partition of the property must be done in accordance with the laws of the state of California. The legal effect of the partition statutes is that it provides a legal mechanism for co-owners to divide their property without having to go through the court system.

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

  • Will the plaintiff win a California partition action? The plaintiff almost always prevails in a partition. This is because the right to partition is absolute under California law. Most partition actions result in the Defendant agreeing to sell the property or buyout the plaintiff’s interest in the property, which is generally the plaintiff’s goal.
  • 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.
  • What is California’s Partition of Real Property Act? Effective January 1, 2023, California’s new partition law allows defendants to buy out the interests of the plaintiff at an appraised value.
  • 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.
  • What is the timeline for a California partition action? Most partition actions are resolved in 3 to 6 months by way of settlement. Other cases can take 6 to 12 months to obtain an interlocutory judgment of partition, which generally appoints a referee to sell the property.

Speak to Our Walnut 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 (909) 577-3300 or contact us below to schedule a free, 15-minute consultation

    Starcevic v. Pentech Financial Services, Inc. – Partition Action Case Study

    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 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 (909) 577-3300 or contact us online for a free consultation about your co-ownership issues.

    Talkov Law Los Angeles Office

    10880 Wilshire Blvd Ste 1101
    Los Angeles, CA 90024
    Phone: (310) 496-3300

    Talkov Law Offices

    Our partition attorneys in Walnut also serve Diamond Bar, Rowland Heights, West Covina, and La Puente.

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