The Sample Partition Agreement with Extrajudicial in Bexar is a legally binding document designed for co-owners of real property who wish to voluntarily divide their property without court intervention. This agreement allows the co-owners to outline their respective shares, specifying which tract each owner will receive, along with associated quitclaim deeds. Key features of the form include the acknowledgment of sole ownership and the exclusion of any third-party interests, as well as provisions for equitable division in-kind. Users are instructed to provide explicit details regarding the property and the beneficiaries of the division through attached exhibits. Attorneys, partners, owners, associates, paralegals, and legal assistants can efficiently utilize this form for facilitating property partition, ensuring clear terms are set for each co-owner. This form is beneficial in avoiding lengthy litigation processes, significantly saving time and resources. It promotes clarity and transparency in the ownership transition process, crucial for maintaining positive relationships among co-owners during property division.