In a legal action for the partition of property, certain financial costs will be incurred. These costs usually include legal fees and fees for a commissioner who will either divide or sell the property.
The fees for a partition action can often exceed $20,000 and can become even greater depending on the level of complexity and whether or not the action is contested.
However, while a partition action may be expensive, that should not be a bar from seeking to partition property as Colorado law allows for the recovery of certain costs, including the cost of a commissioner and legal fees.
If awarded, these costs will come from the final proceeds of the sale. The best way to avoid mounting costs is to seek an out-of-court settlement with the opposing party, as that process is often quicker than litigation, which can be both a long and expensive process.
When you need to speak with a Denver Partition Action Lawyer, it would be beneficial to speak with one from Baker Law Group (A Denver Partition Action Law Firm).
