The Deed of Agreement example in King is designed for co-owners of real property to facilitate the voluntary partition and division of their land. This document identifies the co-owners and details the specifics of the property to be divided, ensuring that all parties agree on ownership and responsibilities related to the property. Key features include the outline of the agreed-upon division of the land, the identification of specific tracts assigned to each co-owner, and the execution of associated quitclaim deeds to formalize the transfer of property rights. Users of this form will need to provide accurate property descriptions and detail any other parties with a potential interest in the land. The agreement emphasizes that after execution, the property will be separately owned, freeing each co-owner from claims related to the other's portions. This form is valuable for attorneys, partners, owners, associates, paralegals, and legal assistants as it streamlines the process of property division and ensures legal clarity among co-owners, minimizing disputes. It serves as a crucial tool for managing shared property interests efficiently.