The Deed of Agreement example in Queens serves as a legal document that enables co-owners of real property to partition and divide their jointly owned land. It outlines the description of the property, confirms co-owners' ownership, and details the equitable division of the property in tracts assigned to each owner. Key features include the execution of quitclaim deeds to formalize the separation of ownership. Filling and editing instructions emphasize clarity in naming each co-owner and specifying the tracts of land designated to them. This form is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it facilitates clear communication regarding property ownership rights and obligations. They can use it to manage disputes or agreements among co-owners and ensure compliance with local property laws. The document also serves as a protective measure against future claims by establishing clear ownership boundaries. Overall, it is a vital tool for anyone involved in real estate transactions or property management in Queens.