The Sample Partition Agreement with Japan in Travis is a legal document designed for co-owners of real property seeking to divide their ownership into separate tracts. This agreement outlines the specific tracts designated for each co-owner, as identified in attached Exhibits. The parties involved must confirm they are the sole owners and disclose any other interests, such as liens, and how they will be handled. Each co-owner will execute corresponding quitclaim deeds to effectuate the property's division. Notary acknowledgment is required for the agreement to be considered valid. This form is particularly useful for individuals like attorneys, partners, and paralegals, as it offers a clear framework for property division without the need for extensive legal experience. It streamlines the process of property partition, addressing potential disputes and ensuring each party's rights are protected. By following the outlined instructions, users can effectively fill out and edit the agreement based on their specific circumstances.