Real Estate Disputes between Co-Owners
More than one person may own property in California at a time. One form of co-ownership is joint tenancy, where each owner has the same interests and rights in the property; this is typical for married couples. Another form is “tenancy in common” which is also joint ownership but means that the owners can hold equal or unequal shares and acquire them at different times from different grantors. The Law Office of Steven C. Finley can explain some of the differences in this type of ownership, but one clear difference is how to resolve disputes between tenants in common.
Tenants in common may come to disagree about many things: how to manage the property, how it should be used, whether to sell or redevelop it, and similar problems. If the property or the owners are located in San Francisco Bay Area, then each should seek separate counsel. A San Francisco Bay Area Disputes Attorney will analyze the issues and determine what remedies are available. A common remedy for disagreements between co-owners is a “partition” action. This is a form of Real Estate Litigation in which the court is called upon order the sale of the property and divide the proceeds up consistent with the ownership interests and other claims. The Law Offices of Steven C. Finley is experienced in co-owner disputes and can offer counsel and representation in these matters.