The Partition Agreement sample format in Broward is designed for co-owners of real property who wish to divide their interests in the property amicably. This formal document details the agreement among Co-Owners, identifying the property and confirming that they are the sole owners. It includes provisions for an equitable division of the property into specified tracts, which are outlined with reference to attached exhibits. Each Co-Owner receives a quitclaim deed for their respective tract, releasing any claims against the others to clarify ownership post-division. The agreement also requires notarization for legal validity, ensuring all signatures are formally recognized. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in estate planning, real property transactions, or family law disputes. It provides a clear structure for documenting property partitioning, safeguarding the interests of all parties involved, ultimately facilitating a smooth transition to individual ownership.