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PARTITION WARRANTY DEED STATE OF COUNTY OF FOR AND IN CONSIDERATION of Ten Dollars ($10.00) and other good and valuable considerations, the receipt and sufficiency of which is hereby acknowledged,.

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Generally, a partition deed is not a conveyance of title. Instead, the effect is to divide the property, giving each grantor the share which he already owned. A partition deed is merely the division of the property so that each may have exclusive use and occupancy as he sees fit.

The partition deed is required to be registered at the office of the sub-registrar of the place where the property is situated as in case of any other registration. The stamp duty payable in such a case is Rs 1,000 for each share of the property. Further, the registration fee will be Rs 500.

Can a partition action be stopped? Once filed with the courts, a partition action cannot be stopped by a party who does not wish to sell the property unless the parties can resolve the dispute by settling. The county court will typically force a sale of the property, then divide the proceeds between the co-owners.

The substantial difference is that of payment of stamp duty and registration of the document recording partition. A family settlement does not require registration and stamping, however partition deed requires both-hence execution of the partition deed is a costly remedy.

No, IT benefits can be availed only by property owners. A home loan is one of the biggest liabilities one takes in a lifetime.

The partition suit must be filed in the county in which the real estate is located. In order to initiate a partition suit, the petition must describe the property and the respective interests of the co-owners. Texas uses a general form called the Plaintiff's Original Petition for Partition.

What is a partition deed? ... A partition deed is mostly used by families, to divide members' shares in inherited properties. After the division, each member becomes the independent owner of his share in the property and is legally free to sell, rent or gift his asset, according to his will.

No dispute on this shall be tenable in law. When a registered partition deed itself canot be challenged, the question of compromise deed decreed by a court of law canot be challenged or even an appeal can be preferred. ... The compromise deed if drawn in the decree and judgment, then it cannot be challenged.

Partition: Partition is not considered as a transfer of property because nothing new is obtained by a co-sharer on the partition, it is not a transfer of property. His specific share, which vested in him earlier, is simply separated.

2012 if the partition between lawful persons for lawful property mean., the registered partition deed can be treated as title deed.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232