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Deed Of Exchange For Adjustment Ofboundaries Deeds Exchange Of Property 897 Legal Draft Template

Category Deeds Exchange Of Property
Format Rich Text
File name Deed of Exchange for Adjustment ofBoundaries-Deeds-Exchange Of Property-897.rtf

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Deed of Exchange for Adjustment of
Boundaries

THIS DEED is made entered into at ……..………………. this ……………….. day of .…………….. between Mr. ………………….. residing at ..……………….. hereinafter referred to as the Party of the First Part of the One Part and Mr. ………………. residing at ………………….. hereinafter referred to as the Party of the Second Part of the Other Part-

WHEREAS the said …………………. is the sole owner in possession of the property situated at ……………….. more particularly described in the Schedule therein coloured with green, free from encumbrances and ……… is also the sole owner and in possession of adjoining land and property more particularly described in the Schedule therein coloured with Red free from encumbrances AND WHEREAS the said ……………... and ……….. have agreed to adjust, settled and remarket the boundaries respective properties by making convinces of land as hereinafter appearing and by fixing and providing for a new boundaries as hereinafter mentioned :

1. In pursuance of the said agreement and in consideration of the conveyance by and agreement on the part of the said …………….. hereinafter contained, the said ……….. as beneficial owner do hereby grant, convey and transfer unto and to the use of the said …………. ALL the several pieces or parcels of land situate at, etc. aforesaid and containing respectively …………… and ………….. square feet approximately which several pieces or parcels of land are more particularly described in Schedule A hereunder and delineated in the plan annexed hereto and therein coloured yellow : TO HOLD the same to the said ……………. Absolutely.

2. In further pursuance of the said agreement and consideration of the conveyance by the said …………….. hereinbefore contained, the said …………….. as beneficial owner hereby conveys transfer unto and to the use of the said …………. ALL THAT piece or parcel of land situated at………………. etc., aforesaid and containing ………square feet approximately, which piece or parcel of land is more particularly described in Schedule B hereunder and delineated in the plan annexed hereto and thereon coloured green : TO HOLD the same to the said ………….. absolutely.

3. IT IS HEREBY AGREED AND DECLARED that henceforth the boundary between the said adjoining lands and properties of the said ……………… and …………… between the points marked “A” and “B” in the said plan annexed hereto, shall henceforth be treated as demarcated and delineated, in the plan by a red line drawn between the said points.

4. It is hereby declared that the value of the property described in each of the Schedule is Rs…………..

IN WITNESS WHEREOF the parties have put their respective hands the day and year first hereinabove written.

Signed and delivered by the      )
within named party of the        )
First Part Mr. ………………  )
in the presence of                )

Signed and delivered by the      )
within named Party of the        )
Second Part, Mr. ……….......         )
in the presence of                )

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