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Deed Of Partition Between Members Of A Joint Hindu Family - Legal Draft

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Category : Agreements Partition

This Deed of

Partition is made on the .. day of amongst KK, son of DD (called first

party) ; RK, son of DD (called second party) ; SK son of DD (called third

party) and Smt. SD, wife of DD, deceased (called fourth party), members of a

Joint Hindu Family belonging to caste, residing principally at

, the ancestral home of the family.Whereas DD, father of

parties Nos. 1, 2 & 3 and husband of party No.4, died on .. ;And Whereas the said

DD was the Karta of the Joint Hindu family consisting of his sons and wife and

was possessed of properties mentioned in Schedule I to IV attached to this deed

;And Whereas parties

Nos. 1 and 2 are living at and both carry on their separate business

out of their separate funds, and the parties Nos. 1, 2 & 3 wish to

partition the joint-family properties so that no dispute should arise among

them ;And Whereas at the

well founded advice of the family friend Shri KC, Advocate, the parties to this

deed have put all the properties belonging to each of them separately into the

joint family hotchpotch, but excluding the business assets of parties Nos. 1

& 2 which are the result of their separate earnings; property in Schedule 1

valued at Rs. .. and other properties in Schedules 2, 3 & 4 valued at

Rs..And Whereas in

consideration of the absolute or sole ownership acquired by each party in

respect of the allotment made to such party out of the hitherto joint property

and in consideration of the covenants hereinafter mentioned and agreed to by

all the aforesaid parties the said parties resolved to incorporate the terms of

the partition in a deed of partition.NOW THIS DEED

WITNESES AS FOLLOWS :1.

That

the parties to this deed have agreed that the properties subject to partition

are of the value of Rs. and the value of the separated share shall be

Rs each which shall be the value for the purpose of stamp duty.2.

That

the property mentioned in the Schedule 1 shall be retained by parties Nos 1

& 4 since they continue to live in that property as before and in lieu of

the share in the property of Schedule 1 parties Nos.1 and 4 shall pay to

parties Nos. 2 and 3 Rsbeing their combined share and parties Nos. 2 &

3 have accepted the payment of Rs.. in lieu of their share in the property

in Schedule 1.3.

That

the parties Nos. 2 & 3 release their interest in the property of Schedule I

and convey to parties Nos 1 and 4 separately their right, title and interest

thereon and similarly parties Nos. 1 and 4 release their right, title, and

interest in the properties mentioned in the Schedules 2, 3 & 4, so that

parties Nos. 1 & 4 and Nos.2 and 3 constitute the sole and absolute owners

of the properties in Schedule 1 and in Schedules II, III and IV respectively.

The title deeds in respect of the items of the property which are forthcoming

have been delivered to each of the parties to whose share the items of property

relating to the title-deeds have been allotted.4.

That

the original deed of partition shall be retained by party No. 1 for the purpose

of safe keeping and production before court or public.5.

That

the parties have agreed that all the taxes and public charges in respect of the

allotted properties shall be borne by the parties themselves.IN WITNESS WHEREOF

the parties aforementioned have executed this deed of partition on the date

aforementioned.Witness: Sd/-1. KK2. RK3. SK1. ________________

  1. Smt. SDDEED OF PARTITION

BETWEEN MEMBERS OF A HUF (ANOTHER FORM)THIS DEED OF

PARTITION is made on the . Day of amongst AB, son of KL of the first part

(hereinafter called Party No.1) and CD, son of KL of the second party

(hereinafter called Party No.2), AND EF, minor son of KL, of the third party

(hereinafter called Party No.3) through GH, his mother and natural guardian

AND GH, widow of KL of the fourth part (hereinafter called Party No.4) AND

MN, widow of RS, son of KL of the fifty part (hereinafter called Party No.4)

members of a joint Hindu family belonging to caste, residing principally at

the ancestral home of the family and actually at different places from time

to time.Whereas KL, the

father of the party Nos. 1, 2 & 3 and the husband of party No.4 and

father-in-law of party No.5 died on . Leaving behind AB, CD and EF his sons

and GH his widow, and MN widow of predeceased son RS, as heirs ;and Whereas KL, was

the karta of the joint Hindu family consisting of his sons and wife and was

possessed of items of properties mentioned in Schedules I to V excepting Item

No.3 in Schedule 1, item Nos. 2 and 3 in Schedule II and Item No.4 in Schedule

V attached to his deed ;and Whereas after the

demise of KL party No.1 became and acted as the karta of the said joint family

and with the assistance of joint-family funds purchased a shop more

particularly described as Item No.3 in Schedule (in his own name and prices of

land more particularly described as item nos. 2 and 3 in Schedule II, the

former in his own name and the latter in the name of GH and a house more

particularly described as Item No.4 in Schedule V, in the name of Rs a forementioned;And Whereas CD party

No.2 is employed as . In and is at present posted at .. ;And Whereas RS was

married to MN in .. and having practiced as lawyer in the town of ..for about

8 months only died on . Leaving behind MN as a widow ;And Whereas differences

have arisen between the members of the family and constant disputes crop up

between MN and GH, which make it undesirable that the members should continue

to form a joint Hindu family ;And Whereas at the

intercession of the friends of the members of the family, the aforesaid parties

have agreed to divide the joint family estate which GH, as guardian of EF

considers as beneficial to the interest of her minor son aforesaid and all the

properties of the family irrespective of the name in which the same has been

purchased or is recorded in revenue records equal in value, except that

properties mentioned in Schedule II are valued at only about Rs while the

total value of properties mentioned in each of other Schedules is about

Rs and on lots being drawn in the presence of all the parties picked out

by EF the properties mentioned in Schedules I, II, III, IV and V fell to the

share of parties No.1,2,3,4 & 5, respectively but parties Nos. 1 and 5

agreed with the assent of the other parties aforementioned to interchange the

lots whereby properties in Schedule II were accepted to be taken by party No.1

and those in Schedule V were accepted to be taken by Party No.5 ;And Whereas in

consideration of the absolute or sole ownership acquired by each party in

respect of the allotment made to such party out of the hitherto joint property

and in consideration of the covenants hereinafter mentioned and agreed to by

all the aforesaid parties the said parties resolved to incorporate the terms of

the partition in a deed of partition.NOW THIS DEED WITNESSES

AS FOLLOWS:1.

Allotment. Pursuant to the

aforesaid agreement, the parties to this deed of partition, hereby divide the

joint-family property in five equal shares for which purpose the same had been

split up into five lots, each of such lot being incorporated in a separate

Schedule attached to this deed whereby the properties mentioned in Schedules I,

II, III, IV and V are assigned and allotted to parties Nos. 1,2,3, 4 & 5

aforementioned, respectively.2.

Acknowledgement. The sum of

Rs has been paid by each of the said parties Nos.3, 4 & 5 to the party

No.2 (receipt whereof the party No.2 hereby acknowledges) and party No.1 has

executed a promissory-note for Rs.. payable with interest at 6 per cent,

in lieu of the sum of Rs.. payable by him to Party No.2.3.

Conveyance.Each of the said

parties hereby releases his interest in the properties allotted to other

parties and conveys to each of them separately his right, title and interest

therein so as to constitute each party to this deed the sole and absolute owner

of the property allotted to that party free and discharged from all claims and

demands of the others thereto or concerning therewith, as from the date of this

deed. The title-deeds in respect of the items of the property which are forthcoming

have been delivered to each of the parties to whose share the item of property

relating to the title-deed has been allotted, to have and to hold the said

items of properties mentioned in the said schedule unto each party respectively

and enjoy the same in severally absolutely and for ever.4.

Covenantsa. Further

partition.The parties aforementioned have agreed that this partition shall not

be open to challenge even if any debt due to any allottee is not realised or

becomes irrecoverable or any party is deprived of any property or part thereof

by a stranger to this deed, but reserves the right to each party to claim a

further partition of any property which may be found to be joint-family

property but has not been included in any of the Schedules attached to this

deed.b. Partition deed. The

original deed of partition shall be retained by party No.1, a true copy thereof

signed by each party has been delivered to the other said parties who shall be

entitled to require production of the original from Party No.1, before any

court or public office or arbitrator or bank or insurance company, etc., if so

desired.c. Payment of taxes,

etc. It has been further agreed that each party shall execute and get

registered, if necessary, any deed, document or receipt which he may be

required to do at the instance of any other party of this deed at a latters

expense, in order to more effectually assure the requisitioning party of any

rights or title conferred on him under this deed, or to get any property

aforesaid mutated or entered in revenue or other public records as being in the

exclusive and absolute possession and ownership of the party to whom the same

is allotted under this deed.IN WITNESS WHEREOF

the parties aforementioned have executed this deed of partition on the date

aforementioned.1. WITNESS

_______________(Sd.)1. AB _______2. CD _______3. GHas guardian on behalf

of her minor sonEF.4. GH. ___________5. MN __________


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