Articles Tagged with distributions of proceeds

Before the owners receive the proceeds from a partition sale, costs and expenses related to the partition action must be paid. Code of Civil Procedure section 873.820 sets forth the order that these expenses and costs must paid before the owners receive their proportional interest in the remaining proceeds. Specifically, it states that the proceeds must be distributed in this order:

1. Payment of the expenses related to the sale
2. Payment of the costs arising out of the partition