Example Of Agreement Between Two Parties In Hennepin
Category:
State:
Multi-State
County:
Hennepin
Control #:
US-00410
Format:
Word;
Rich Text
Instant download
Description
The Agreement for the Partition and Division of Land serves as a formal document for co-owners of real property in Hennepin to voluntarily divide their land into separate tracts. This agreement outlines the roles of each co-owner, stating that they acknowledge their sole ownership of the property and detailing the process of equitable division 'in-kind' through specified tracts. Each co-owner will receive a tract identified in accompanying exhibits. The agreement includes provisions for quitclaim deeds, which transfer ownership while releasing claims against each other for the divided property. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants as it simplifies property division disputes and clarifies ownership rights. Users must fill in details such as property descriptions and co-owner names, ensuring accuracy for effective legal compliance. The document requires notarization, which is crucial for its legal authenticity and enforceability.
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