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DEED OF PARTITION BETWEEN MEMBERS OF A JOINT HINDU FAMILY THIS DEED OF PARTITION is made on the . Day of amongst OK, son of DD (called first party) ; OK, son of DD (called second party) ; SK son of

How to fill out deed of partition between

How to fill out deed of partition between:

1. Start by clearly identifying the parties involved in the partition. Include their full names, addresses, and relationship to the property being divided.
2. Describe the property being partitioned in detail. Include its legal description, address, and any unique identifying features.
3. Specify the type of partition being sought. This could be a physical division of the property or a separation of interests.
4. Outline the terms of the partition agreement. This should include the percentage of ownership or specific portions of the property allocated to each party.
5. Include any provisions related to the transfer of ownership, such as payment for the allocated portion or the assumption of any shared expenses or liabilities.
6. If applicable, address any shared resources or common areas, and establish any agreements or rules for their use and maintenance.
7. Include any necessary signatures, notarization, or witness requirements as per local laws and regulations.
8. Properly execute the deed of partition by having all parties sign and date the document in front of a notary or qualified witness.

Who needs a deed of partition between:

1. Co-owners of a property who want to divide their interests in a fair and legal manner.
2. Family members or relatives who jointly own a property and wish to separate their ownership rights.
3. Business partners or investors who want to divide their shares in a property or asset.
4. Individuals involved in inheritance disputes where the property needs to be partitioned among multiple heirs.
5. Parties involved in a divorce or separation who need to divide their jointly owned property.

Note: It is advisable to consult a real estate attorney or legal professional familiar with local property laws to ensure the deed of partition is properly drafted and executed.

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