Family Arrangement Legal Draft Template

This Document of

Arrangement of properties belonging to the family and its members by mutual and

free consent of various members of the family made on (date) day of (month and

Year) BETWEEN Shri, A, aged about 58 years, karta of the Hindu undivided

family, Mrs. B, aged about 48 years, wife of the above Karta and a member of

the said Hindu undivided family, Kumari C aged about 32 years and Kumari D

aged about 34 years, both daughters of the Karta and members of the said Hindu

undivided family and Shri E aged about 32 years, son of the Karta and a

member of the said Hindu undivided family.Whereas the above

five persons constitute a joint family governed by Hindu Law owning various

movable and immovable properties more particularly described in S.No. 1

to. Of Schedule A, 1 to.of Schedule B and 1 to .. of

Schedule C and 1 to . Schedule D attached hereto.and Whereas in view

of the internal family quarrels amongst the family members, the members are not

able to continue their joint enjoyment of the properties belonging to the

family and therefore all the members have voluntarily and of their free will

agreed to put an end to such a situation and have also agreed to certain

stipulations hereinafter appearing:NOW THIS DOCUMENT

WITNESSES as follows:1.

The

properties listed as in S.No. 1 to ______________ of Schedule A hereto shall go

to the share of Miss. C2.

The

properties listed as in S. No. 1 to ___________ of Schedule B hereto shall go

to the share of Miss. D.3.

The

properties listed as in S. No. 1 to______________ of Schedule C hereto shall

go to the share of Mr. E4.

That

the properties listed in S.No. 1 to ______________ of Schedule D shall

continue to jointly vest in the ownership of the family whose income shall be

enjoyed jointly by all the members of the family.5.

That

each of the above parties shall be entitled to the arrears of any rent or other

incomes and shall be liable for any cesses and taxes upon properties which have

gone to his/her share from the date of this arrangement and otherwise shall be

entitled to deal with the properties as an absolute owner thereof.6.

That

each of the party shall enjoy, sell, transfer, convey or otherwise use or put

to use the said properties going to his or her share.7.

That

each of the parties hereby agree that he has no right, title, interest or any

other claims whatsoever on the properties allotted to any of the other members.IN WITNESS WHEREOF

etc.