New York City Lawyers for Partition Actions
People seeking to dissolve a business or real estate venture will find that arriving at mutually agreeable terms and conditions of the dissolution presents a variety of challenges. Although it is possible for multiple property owners to divide the land or business amicably, in a voluntary partition action, this occurs less frequently than one might think. If the parties do not agree, it will be necessary to undertake a judicial partition action to settle the matter and divide the property. To do this, it is important to seek out an attorney with experience and knowledge to protect your interests and work to achieve the best resolution possible.
At the law offices of Sweeney, Gallo, Reich and Bolz, in Queens, we protect the rights of shareholders involved in partition actions. We represent both defendants and plaintiffs in partition actions, always seeking to achieve the best resolution possible for our clients.
With extensive real estate litigation experience, attorney Michael Reich has the resources and experience to handle partition actions for individual and commercial real estate owners. Our firm is recognized throughout the New York area for our successful trial representation in complex cases of all types. Whether the issues involved are straightforward or complex, our law firm is able to provide clients with aggressive and effective representation in real estate partition matters.
Partition can include the sale of a property, with proceeds from the sale being divided among the parties with ownership interests. The percentage that each party should receive is often the subject of a partition action. Another scenario involves one owner receiving all the property, with other owners receiving compensation for their shares. Again, the actual percentages of the compensation can become an issue that must be resolved through a partition action. Other issues can include ability to consent to partition — children or people deemed mentally incompetent often need special consideration in partition matters, as they cannot be parties to voluntary partitions.
Another problem that may lead to a partition action arises when the ownership of the property is not clear or was based on a decades-old handshake deal. Partition actions arising from these types of arrangements can be particularly complex and require extensive research. Our law firm has the ability and the resources to undertake even the most complex or delicate matter related to division of real estate interests.
Contact Us
Ready to do whatever is needed to protect the rights of our clients, our lawyers guide people through the judicial process. Located in Queens, we represent clients across New York. Open weekdays from eight to five, we invite you to call 866-415-9391 or contact us today to schedule a consultation.
Case of Interest
Nissan Realty Co. LLC v. J.D.L. Holdings LLC, 56 A.D.3d 536, 867 N.Y.S.2d 118 (2d Dept 2008)
