The Partition Agreement sample format in Wayne is a legal document designed for co-owners of real property who wish to voluntarily partition and divide their property into distinct tracts. This form outlines the essential details of the property, ensuring that all co-owners acknowledge their sole ownership and specify any liens or other interests that may affect the agreement. Key features include the identification of the property acres and a detailed description, along with the assignment of specific tracts to each co-owner, as illustrated in attached exhibits. Users are guided through filling the form, emphasizing the need for notarial acknowledgment after signatures are provided. This agreement is particularly useful for attorneys, partners, property owners, associates, paralegals, and legal assistants as it facilitates a clear distribution of property rights, minimizes disputes, and formalizes the separation of ownership. The sample format incorporates quitclaim deeds necessary for executing the division of property, thus providing a comprehensive solution for legal matters surrounding property partitioning.