California Code of Civil Procedure

§ 874.317

CCP § 874.317 Effective Jan 1, 2022Title 10.5 · Part 2 · Ch. 10

Statute text

(a)If any cotenant requested partition by sale, the court shall, after the determination of value under Section 874.316, send notice to the parties that any cotenant except a cotenant that requested partition by sale may buy all the interests of the cotenants that requested partition by sale.

(b)Not later than 45 days after the notice is sent under subdivision (a), any cotenant except a cotenant that requested partition by sale may give notice to the court that it elects to buy all the interests of the cotenants that requested partition by sale.

(c)The purchase price for each of the interests of a cotenant that requested partition by sale is the value of the entire parcel determined under Section 874.316 multiplied by the cotenant’s fractional ownership of the entire parcel.

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Legislative history

Added by Stats. 2021, Ch. 119, Sec. 2. (AB 633) Effective January 1, 2022.