The Partition Agreement Template with Waiver of Rights in Wayne is a legal document designed for co-owners of real property who wish to divide their interests. This template outlines the terms for the voluntary partition and division of property, specifying the proportions each co-owner will receive. It includes provisions outlining that the co-owners are the sole owners, the description of the property, and the execution of quitclaim deeds to finalize the division. The document ensures that after execution, the property is recognized as separately owned, and co-owners release any claims against one another. This agreement is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, providing clear instructions for filling and executing the form. Users need to fill in property details and names, sign off on the agreement, and ensure notarization, making it a straightforward tool for legal real estate transactions. The form serves as a critical resource to prevent disputes over property rights and simplifies the division process among co-owners.