Partition Agreement Sample With Retainer In Washington
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Description
The Partition Agreement Sample with Retainer in Washington is designed for co-owners to voluntarily divide real property among themselves. It allows co-owners to document their agreement for equitable division, ensuring that each party receives a specific tract, as outlined in the attached exhibits. The form requires the identification of all owners and any other parties with potential claims, like liens. Each co-owner will sign a quitclaim deed to transfer their respective tract, effectively releasing claims to the remaining parts of the property. The agreement must be notarized, confirming the authenticity of signatures and the date of execution. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to formalize property divisions, manage disputes, or facilitate sales. It provides clarity in ownership and outlines responsibilities, making it an essential tool for real estate transactions in Washington.
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