A partition agreement divides, or partitions, a married couple's community estate into two separate estates. This is a document through which the parties agree that particular property will be "separate property" and will not be divided."Partition" is the legal term referring to division of real property among joint owners. Follow this simple guide to edit Texas partition and exchange agreement form in PDF format online free of charge. Our Houston co-owner dispute lawyers can help resolve all types of property disputes. We can negotiate on your behalf and represent you in court. This template includes practical guidance, drafting notes, and an optional clause. I practiced in San Antonio and Houston for a while at a big firm. And the parties continued to renegotiate the terms of the contract and. In a typical purchase, the buyer and seller enter into a contract for sale, and the buyer is generally obligated to complete its purchase of the property.