The Partition Settlement Agreement format in Queens is a legal document designed for co-owners of real property seeking to voluntarily divide their interests in a property. This format provides clear sections for identifying co-owners and detailing the specific tracts of land each co-owner will receive. It allows individuals to explicitly state their ownership and any potential claims by other parties, ensuring that all interests are accounted for. The agreement includes quitclaim deeds, which formalize the transfer of property rights from one co-owner to another. Users must follow proper instructions to fill out each section, including property descriptions and notarization. Attorneys, partners, and associates can utilize this form to facilitate amicable property settlements, while paralegals and legal assistants will find it vital for organizing and executing the legal aspects of property divisions. This agreement is particularly useful in resolving disputes among co-owners and ensuring a structured division that minimizes future conflicts.