Example: Quiet Title Action
You and your partner decide to purchase a home together. However, because your partner has better credit, the two of you decide that only your partner will be on title for financing purposes. You both agree that you own the property 50/50, even though one of you will not be on title. Thereafter, you and your partner have a disagreement and your partner refuses to recognize your ownership interest. Under this scenario, a quiet title action would be necessary to adjudicate your respective ownership interests in the property.
Example: Partition Action
Imagine that you and your siblings purchase an investment property together. Then, you decide that you no longer want to be in business with your siblings and demand that they either 1) buy you out or 2) agree to sell the property to split the proceeds. If your other siblings refuse to cooperate, in this scenario, a partition action would be necessary to obtain the relief you seek.
Interestingly, both a quiet action and a partition could become necessary should you have to force a sale of the property and the other partner refuses. Then you would need to file an action for quiet title to establish your ownership interest and a partition action to force the sale.
Speak to an Experienced Fresno or San Diego Employment Lawyer
Whether a quiet title or partition action is appropriate depends on the specific facts of your ownership dispute, please contact Webb Law Group, APC., at (559) 431-4888 to schedule a consultation with an attorney.