Partition Explained In King
Category:
State:
Multi-State
County:
King
Control #:
US-00410
Format:
Word;
Rich Text
Instant download
Description
The Agreement for the Partition and Division of Land facilitates a voluntary partitioning process among co-owners of real property. The form outlines the property in question, ensuring all co-owners acknowledge their sole ownership and any excluded parties, such as those with liens. It details an equitable division of the property, specifying which co-owner receives which tract, using attached exhibits for clarity. Co-owners agree to execute quitclaim deeds to effectuate the transfer of ownership, thereby releasing any claims they have against one another regarding the divided property. This document is suited for attorneys, real estate partners, and property owners dealing with co-owned land, providing a clear path for dividing property fairly. Paralegals and legal assistants can utilize this form to streamline estate planning, while associates may find it beneficial when representing clients in matters of property disputes or inheritance issues. Overall, this agreement simplifies the partitioning process, making it accessible for individuals even with limited legal experience.
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