Partition Agreement Template With Waiver Of Rights In Maricopa

• Category: Civil Actions - Partitions
• State: Multi-State
• County: Maricopa
• Control #: US-00410
• Format: Word; Rich Text

Description

The Partition Agreement Template with Waiver of Rights in Maricopa is a legal document designed for co-owners of real property seeking to voluntarily divide their shared interests in the property. This agreement outlines the property description and confirms that all co-owners recognize themselves as the sole parties with ownership claims. It provides for an equitable division of the property by specifying individual tracts assigned to each co-owner, detailed in attached exhibits. The agreement includes provisions for executing quitclaim deeds, ensuring that once the division is made, any claims to the divided property by one co-owner against another are formally relinquished. Notarization is required for the document to verify the identities of the signers, which adds an extra layer of security. This template is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions and ownership disputes, as it streamlines the partitioning process and minimizes potential conflicts among co-owners.