Agreement Division Properties With Exponents With Different Bases In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00410
Format:
Word;
Rich Text
Instant download
Description
The Agreement for the Partition and Division of Land document is a legal contract among co-owners of real property, outlining the voluntary partition and division of that property. It specifies the details of the property, including its description and the share each co-owner will receive as identified in accompanying exhibits. The agreement confirms that co-owners are the sole owners and details the process for clearing any existing interests, such as liens. Each owner will execute quitclaim deeds to formalize the division of their respective portions. This document is crucial for ensuring that after the division, the individual tracts are owned separately and that all prior claims between co-owners are released. The form includes provisions for notarization, which adds legitimacy and security to the agreement. This type of agreement is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate or property law, as it helps streamline the process of property division while minimizing future disputes.
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