DEED OF PARTIAL PARTITION OF HINDU UNDIVIDE FAMILY
PROPERTY IN
RESPECT OF CERTAIN PROPERTY ONLY WHILE THE REST OF HINDU
UNDIVIDED FAMILY CONTINUES TO
BE JOINT [CD1]
THIS
DEED FO PARTIAL PARTITION is made on the …….. day of ………………,
BETWEEN SN,
son of ON, resident of ………………………………. (hereinafter called
the first party’) of the
first part, AND PN, son of ON,
resident of ……………………….,
(hereinafter called ‘second party’) of the second part, AND
PM, son of ON, resident of
……………………………….
(hereinafter called the ‘third party’) of the third part.
WHEREAS
the said ON and his son the said SN, PN and PM form a Hindu
undivided family, of Bombay and Poona, are
desirous to partition the
properties referred to in
Schedule appointed to this
deed without serving their Hindu undivided family
Status.
NOW THIS DEED
WITNESSES as follows :
1. Conveyance
(1)
That the properties which the
above parties are desirous to
partition without severing their Hindu undivided family
status are three houses in the city of Poona
of equal valuation more fully described in the Scheduled appended with
this deed.
(2)
That on the advice of the friends of the family
the parties agreed to divide the said property amicably in lots and with
this object the said ON prepared four
equal lots of the said joint property and lots were accordingly drawn and the
lots mentioned
in the First, Second,
Third and Fourth Schedules were drawn by
the said ON, SN, PN and PM respectively.
(3)
That in pursuance of the
aforesaid agreement the parties
hereby agree and declare that the
said ON, SN, PN, PM shall hereinforth be
separate owners of the properties
mentioned in the each of
them shall hold and enjoy the property
so allotted to him in severalty and free and discharged from all
claims and demands of the others
thereto or concerning therewith,
and all other properties
belonging to the Hindu undivided
family shall remain joint and intact as before as no partition
of the Hindu undivided
family has taken place amongst
the parties.
1. Conveyance
It is agreed between the
parties as follows :
(i)
That there is no encumbrance or
charge on the property hereby
partitioned and that if any encumbrance or
charge is found to attach to any part
of such property, all the parties
shall be liable for the same in proportion of their shares in the joint property.
(ii)
That the property hereby
allotted to each party shall be entered upon and henceforth held in severalty
by such party without any interruption or disturbance by the other party or any one claiming through, under or in trust for it.
(iii)
That each party will at the
cost of the person requiring the same do
every such act or thing or may
reasonably be required for further
or more perfectly assuring
the property hereby transferred
by it to the other.
(iv)
That the said ON shall have the custody of the deed together with the Schedules
annexed thereto and will at the request and cost
of the said parties produce the
same for inspection and will produce the
same in evidence.
(v)
That each of the parties
hereto will at the request of the other
produce for inspection by the other and produce in evidence in legal
proceedings any title-deed or document in his possession and in any way
affecting the title of the party
requiring such production to the property hereby partitioned.
(vi)
That whenever such interpretation would be necessary in order
to give the fullest scope and effect
legally possible to any covenant or contract herein contained the expressions,
“ PN” and “PM” hereinbefore used will include respectively their heirs, successors, representatives and
assigns.
2. Value.-That the
properties hereby partitioned are valued
at Rs……………… which have been divided in three equal parts.
Name and address |
Area of the |
Market
value of the |
of property |
property |
property |
|
IN WITNESS WHEREOF
the said parties have set their hands
to this deed of |
|
partial partition on the day and year
first above mentioned. Witnesses : 1………………………….. . 2……………………… |
(Sd)……………… ( First
Party) |
IN
WITNESS WHEREOF the said parties
have set their hands to this deed
of partial partition on the day
and year first above mentioned.
1………………………… (Sd)…………..
(First Part)
(Sd)………..
(Second
Party)
(Sd)………..
(Third
Party)
[CD1]DEED OF PARTIAL
PARTITION OF HINDU UNDIVIDE FAMILY PROPERTY IN
RESPECT OF
CERTAIN PROPERTY ONLY WHILE THE REST OF HINDU
UNDIVIDED FAMILY
CONTINUES TO BE JOINT
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