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Deed Of Partial Partition Of Hindu Undivided Family Property In Respect Of Certain Property Only While The Rest Of Hindu Undivided Family Continues To Be Joint - Legal Draft

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Category : Agreements Partition

This Deed Fo Partial

Partition is made on the .. day of , BETWEEN SN, son of ON, resident of

. (hereinafter called the first party) of the first part, AND PN,

son of ON, resident of ., (hereinafter called second party) of the

second part, AND PM, son of ON, resident of . (hereinafter called

the third party) of the third part.Whereas the said ON

and his son the said SN, PN and PM form a Hindu undivided family, of Bombay and

Poona, are desirous to partition the properties referred to in Schedule

appointed to this deed without serving their Hindu undivided family Status.NOW THIS DEED

WITNESSES as follows :1.

Conveyance1. That the properties

which the above parties are desirous to partition without severing their Hindu

undivided family status are three houses in the city of Poona of equal

valuation more fully described in the Scheduled appended with this deed.2. That on the advice of

the friends of the family the parties agreed to divide the said property

amicably in lots and with this object the said ON prepared four equal lots of

the said joint property and lots were accordingly drawn and the lots mentioned

in the First, Second, Third and Fourth Schedules were drawn by the said ON, SN,

PN and PM respectively.3. That in pursuance of

the aforesaid agreement the parties hereby agree and declare that the said ON,

SN, PN, PM shall here in forth be separate owners of the properties mentioned

in the each of them shall hold and enjoy the property so allotted to him in

severalty and free and discharged from all claims and demands of the others

thereto or concerning therewith, and all other properties belonging to the

Hindu undivided family shall remain joint and intact as before as no partition

of the Hindu undivided family has taken place amongst the parties.1.

ConveyanceIt is agreed between the parties as

follows :i.

That

there is no encumbrance or charge on the property hereby partitioned and that

if any encumbrance or charge is found to attach to any part of such property,

all the parties shall be liable for the same in proportion of their shares in

the joint property.ii.

That

the property hereby allotted to each party shall be entered upon and henceforth

held in severalty by such party without any interruption or disturbance by the

other party or any one claiming through, under or in trust for it.iii.

That

each party will at the cost of the person requiring the same do every such act

or thing or may reasonably be required for further or more perfectly assuring

the property hereby transferred by it to the other.iv.

That

the said ON shall have the custody of the deed together with the Schedules

annexed thereto and will at the request and cost of the said parties produce

the same for inspection and will produce the same in evidence.v.

That

each of the parties hereto will at the request of the other produce for

inspection by the other and produce in evidence in legal proceedings any

title-deed or document in his possession and in any way affecting the title of

the party requiring such production to the property hereby partitioned.vi.

That

whenever such interpretation would be necessary in order to give the fullest

scope and effect legally possible to any covenant or contract herein contained

the expressions, PN and PM hereinbefore used will include respectively

their heirs, successors, representatives and assigns.1.2.

Value.-That the properties

hereby partitioned are valued at Rs which have been divided in three

equal parts.Name

and address ofpropertyArea

of the propertyMarket

value of the propertyIN

WITNESS WHEREOF the said parties have set their hands to this deed of

partial partition on the day and year first above mentioned.Witnesses

:1..(Sd)(

First Party)IN WITNESS WHEREOF

the said parties have set their hands to this deed of partial partition on

the day and year first above mentioned.1Sd)..(First Part)2Sd)..(Second Party)3Sd)..(Third Party)


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