Example Of Letter Of Agreement Between Two Parties In Kings
Category:
State:
Multi-State
County:
Kings
Control #:
US-00410
Format:
Word;
Rich Text
Instant download
Description
The document is an Agreement for the Partition and Division of Land, specifically designed for co-owners seeking to voluntarily divide real property. It outlines the agreement among the co-owners regarding the equitable division of the property into distinct tracts, which are identified in attached exhibits. Each co-owner acknowledges that they are the sole owners of the property and states if there are any other claims or liens. The agreement includes the execution of quitclaim deeds to formalize the division of property, releasing any claims against one another after the division. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, as it provides a clear structure for legally dividing property and clarifying ownership. Users are guided to fill in the specific details, such as the names of the parties, property description, and the tracts assigned to each co-owner. The form emphasizes clarity and simplicity, ensuring that users with varying levels of legal experience can effectively understand and utilize it.
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