The Deed of Agreement example in Fulton is a legal document designed to facilitate the partition and division of real property among co-owners. The agreement outlines the specifics of the property ownership, confirming that all co-owners recognize they are the sole holders of the property and details the equitable distribution of land parcels. It specifies the tracts assigned to each co-owner, which must be fully described in attached exhibits. To formalize the division, the co-owners agree to execute quitclaim deeds, effectively transferring ownership of the specified tracts. After signing, the property will be regarded as individually owned, and co-owners waive any future claims against one another regarding the divided property. This form is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, as it clarifies ownership and prevents future disputes. Users should fill in the necessary details, including property descriptions and the names of co-owners, ensuring that all parties understand their rights and responsibilities post-division. Notarization is required to give the document legal weight.