Westlake Village Partition Lawyer

Partition Actions in Westlake Village

Westlake Village is a city located in Los Angeles County, California. It is located in the western part of the county, near the border of Ventura County. The city is known for its affluent population and its picturesque setting. It is situated in the foothills of the Santa Monica Mountains, and is surrounded by lush green hills and valleys. The city is home to many upscale shopping centers, restaurants, and entertainment venues. It is also home to several corporate headquarters, including Dole Food Company and K-Swiss. Westlake Village is a popular destination for outdoor activities, such as hiking, biking, and golfing. The city is also home to several parks and recreational areas, including Westlake Lake, which is a popular spot for fishing and boating.

According to Zillow, the median home value in Westlake Village, Los Angeles County, California is $1,072,400 as of 2021. As of the 2020 United States Census, the population of Westlake Village, California was 8,270.

Experienced Real Estate Partition Action Attorneys Serving Westlake Village

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:

• 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.
• Will there be a trial in a California partition action? Trials are extremely rare in partition actions because the interlocutory judgment procedure allows for a partition referee to be appointed by meeting just a few elements that rarely involve live testimony from witnesses. Even if a trial occurred, it would almost certainly relate only to the ownership interests or the distribution of proceeds, though most cases are decided on motion heard by the court based on the papers submitted by the parties.
• 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.
• How much does a partition action cost? The cost of a partition action can vary widely depending on the complexity of the case. A typical partition action usually costs between $5,000 and $12,000, with about $8,000 being the most common cost. However, difficulty locating a defendant, the motion to appoint a partition referee, delay tactics by defendants, and other issues may raise the cost of your partition action. An experienced partition lawyer can mitigate costs and resolve your co-ownership dispute with maximum efficiency.
• What are the costs associated with a partition action? The costs of a partition action generally involve the attorney’s fees, and court costs, but can involve referee fees and broker’s fees if the property is sold.