Rising Real Estate Prices = More Partitions in Los Angeles

In the last six months there is no doubt that real estate prices have steadily risen throughout Southern California and Los Angeles.  As a result, we are seeing more ownership disputes.  The most common disputes are partition disputes.  Partition is the court aided process whereby a co-tenant forces the sale of real property when the other co-tenant does not want to sell.  There are very few defenses to a partition dispute, but each case is different.  For example, our attorneys recently successfully defended a partition lawsuit brought by a co-tenant tenant in common by proving that the co-tenant had adversely possessed the property.

With any partition dispute it is important to remember that the parties are generally (absent available defenses) advised to agree on a method of sale and elect a private sale either to one of the owners or to a third party through a broker.  The less the court has to be involved generally means the more the equity in the property will be preserved for the owner.

Of course each partition case is different.  Fortunately, our Southern California real estate attorneys have extensive experience dealing with partition cases throughout Southern California both in court and in arbitration. To inquire about a free consultation on your partition claim contact the real estate attorneys at Schorr Law, APC by filling out the contact form on the right hand side of this page, by emailing us at info@schorr-law.com or by telephone at (310) 954-1877.

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Posted in Partition, Real Estate Attorney Los Angeles, Real Estate Market

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Zachary D. Schorr has been named to the Southern California Super Lawyers (Rising Stars) list for attorneys in Real Estate for 5 straight years - 2012, 2013, 2014, 2015 and 2016. Each year, no more than 2.5 percent of the lawyers in the state receive this honor. In 2016 he was also included as one of the top 100 lawyers in Southern California in this category. The selection for this respected list is made by the research team at Super Lawyers.

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