West Palm Beach, Florida
Jordan & Pascale, PL, a South Florida law firm, concentrates its practice in serving both businesses and individuals in the areas of real estate law and business law. The firm represents clients in litigation and business matters. Its attorneys have extensive experience resolving problems relating to West Palm Beach real estate and representing clients in court in Palm Beach County.
The firm is located in Delray Beach, not far from I-95, which offers easy access to and from West Palm. Its partners, including Daniel T. Pascale, look for efficient and effective resolutions to the problems face by the firm’s clients. Pascale, who focuses his practice in the areas of commercial litigation and real estate, identifies the goals of representation in order to structure the representation to align with the client’s goals.
Dan Pascale understands that, in the beginning, it may seem like a good idea to buy a house with someone else. Boyfriend and girlfriend can split all the bills. It could be an investment property where friends are sharing in the proceeds. Maybe siblings or cousins have inherited the property.
However, things can go wrong when property is jointly owned. Boyfriend and girlfriend can break up. Friends or family can suffer financial hardships. Sometimes, owners just want to invest their money somewhere else. Although, oftentimes, it can be easy to agree on a purchase price for the house, sell it and share the proceeds, the situation can also go downhill quickly. If one of the owners made most of the mortgage payments, were the extra payments a loan to help out the other owner or were they a gift? Does paying for a new roof offset obligations to make mortgage payments? Would the house sell at a higher price if the owners waited for a change in the market or hired a different real estate agent?
If the owners can’t agree on the answers to these types of questions, a judge might be needed to determine the facts and apply the law. Daniel T. Pascale knows how to get the evidence to prove the facts of the case. He also knows the law on partitions (divisions of real property). In what is known as a partition action, the Court looks at the evidence presented by all the owners to establish a reasonable sale price for the property. The Court also determines from the evidence what amount of proceeds of the sale should go to each of the owners.
West Palm Beach may be a less famous neighbor to illustrious Palm Beach, but it is a vital, thriving destination and hometown. West Palm hosts the county’s main administrative offices, as well as both federal and state courthouses. Its cultural environment is exemplary: Kravis Center is a well-respected theater and venue for music dance and opera and the Norton Museum located on Olive Avenue is the largest museum in the state. Shopping abounds in the city and surrounding towns. For an urban shopping experience, the Clematis Street area of the city’s historic downtown means retail and dining in historic structures. Nearby CityPlace presents its retail and dining in a 21st century outdoor mall. On the outskirts of West Palm and beyond, there are a choice of traditional malls, including Wellington Green (to the west) and Palm Beach Gardens Mall (to the north).
Attorney Pascale is available for a free telephone consultation to discuss your partition and other division of real estate needs in West Palm Beach Florida. Please feel free to contact Daniel T. Pascale on his direct line at 305.310.1170 to discuss your case.