Talkov Law Scott H Talkov Talkov Law is one of California's preeminent law firms for partition actions. The lawyers at Talkov Law serve Los Angeles, Orange County, San Diego, Riverside, San Bernardino County, San Jose, Sacramento, San Francisco, Palo Alto, Palm Springs, Santa Barbara, Redding, Oakland, Monterey Bay, Long Beach, Walnut Creek, Santa Rosa, San Fernando Valley, San Gabriel Valley, Bakersfield, and Fresno.
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Apartition actionrefers to a legal proceeding where co-owners of a property seek to divide or sell the property in order to resolve disputes over ownership or use of the property.
Under California law, if two or more people own a piece of real estate together and cannot agree on how to manage or dispose of the property, any owner may file a partition lawsuit to request the court to divide the property or sell it and distribute the proceeds among the co-owners.
The court may order the physical division of the property if it is possible and equitable to do so. If physical division is not practical or fair, the court may order the property to be sold at public auction, and the proceeds are divided among the co-owners according to their percentage of ownership interest.
A partition action in California can be a complex and time-consuming process that involves multiple legal steps and requirements. It is recommended to seek the advice and assistance of an experienced real estate attorney if you are considering filing a partition lawsuit or are involved in a dispute over co-owned property.