Woodland Hills Partition Lawyer

Partition Actions in Woodland Hills

Woodland Hills is a neighborhood in the San Fernando Valley region of Los Angeles, California. It is located in the southwestern corner of the valley, just north of the Santa Monica Mountains. The area is known for its affluent population and its many upscale shopping centers, restaurants, and entertainment venues. It is also home to many celebrities and is a popular destination for tourists. The area is served by the Los Angeles Unified School District and is home to several public and private schools. Woodland Hills is also home to the Warner Center, a major business district.

The median home value in the Woodland Hills neighborhood of Los Angeles, according to Zillow, is $845,000. According to the U.S. Census Bureau, there were an estimated 44,845 households in Woodland Hills, Los Angeles, California in 2019.

Experienced Real Estate Partition Action Attorneys Serving Woodland Hills

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:

  • What are the steps involved in a partition action in California? The first step is to file a partition complaint in California, which is followed by a request for the court to enter an interlocutory judgment of partition, thereby appointing a partition referee under the partition statutes.
  • Who can file a partition action in California? Generally, any co-owner of real property can file a partition action.
  • 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.
  • Are there methods to resolve a partition situation without a court-ordered sale? The vast majority of partitions are solved without a court-ordered sale. Many times, the defendant will buy out the plaintiff’s interest. Other times, the parties will agree to a voluntary sale on the open market. However, the filing of the partition action is generally what forces the defendant to see the wisdom of settlement. Under California’s Partition of Real Property Act, a defendant can buy out the interest of the plaintiff at an appraised value, meaning that a court-ordered sale is only likely occur where the defendant simply can’t afford to buy the property but still won’t agree to sell.
  • 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 Woodland Hills 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 (818) 900-7700 or contact us below to schedule a free, 15-minute consultation

    Cason v. Cason – Partition Action Case Study

    In the legal case of Cason v. Cason, 2013 WL 1715720, D059676 (22-Apr-2013), the issue of partition was at the center of the dispute. The case involved a dispute between two siblings over the partition of their deceased mother’s estate. The siblings had inherited the estate in equal shares, but one of the siblings wanted to partition the estate and divide it into two separate parcels. The other sibling objected to the partition, arguing that it would be unfair and would not be in the best interests of the estate. The court ultimately ruled in favor of the sibling who wanted to partition the estate, finding that the partition was in the best interests of the estate and that it would not be unfair to the other sibling.

    Contact our Team of Experienced Partition Lawyers Serving Woodland Hills

    Our Woodland Hills 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 (818) 900-7700 or contact us online today.

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