Deed Of Exchange Of Properties Adjusting Boundary Deeds Exchange Of Property 1540 Legal Draft Template

This exchange is made the………..day of……….between AB of, etc., of the one part, and CD of, etc., of the other part.
Whereas the said AB is the sole owner in possession, free from encumbrances, of the property situate at, etc., which is more particularly delineated in the plan annexed hereto and therein coloured pink and yellow, and the said CD is also the sole owner in possession, free from encumbrances, of the adjoining land and property which is more particularly delineated in the plan annexed hereto and therein coloured blue and green and whereas the said AB and CD have agreed to adjust, settle and demarcate the boundaries in respect of their respective properties by making conveyances of lands as hereinafter appearing, and by fixing and providing for a new boundary as hereinafter mentioned: now this deed witnesses as follows:
1. In pursuance of the said agreement and in consideration of the conveyance by and agreement on the part of the said CD hereinafter contained, the said AB as beneficial owner do hereby grant, convey and transfer unto and to the use of the said CD 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 CD absolutely.
2. In further pursuance of the said agreement and consideration of the conveyance by the said AB hereinbefore contained, the said CD as beneficial owner hereby conveys and transfers unto and to the use of the said AB all that piece or parcel of land situate at, etc., aforesaid and containing…………square feet approximately, which piece or parcel of land is more particularly described in Schedule B hereunder and the delineated in the plan annexed hereto and thereon coloured green: to hold the same to the said AB absolutely.
3. It is hereby agreed and declared that henceforth the boundary between the said adjoining lands and properties of the said AB and CD between the points marked "A" and "B" in the said plan annexed hereto, shall henceforth be treated as demarcated and delineated, in the said 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 Schedules is Rs………….
THE PLAN
In witness whereof the parties hereto have executed these presents on the day, month and year first above-written.
Signed, sealed and delivered by
AB in the presence of:

Signed, sealed and delivered by
CD in the presence of: