DEED OF PARTITION OF A HINDU UNDIVIDED FAMILY
THIS DEED OF PARTITION
is made……………………..…./…………………………..……
BETWEEN Mr………………………………………………………………………
S/o……………………………………………………………………..
Resi………………………….………………………………………… of the first part;
AND Mr……………………………………………………………………….
S/o………………………………………………………………………
Resi……………………………………..…………………………….. of the second part;
AND Mr………………………………………………………………………..
S/o…………………………………………………….…………………
Resi…………………………………………………….………………. of the third part;
All three hereinafter collectively referred to as parties and individually as the first party, second party and third party respectively, which expression shall include their related legal successors, heirs , representatives and assigns.
WHEREAS 1. The parties form a Hindu undivided family and it is intended, for averting all possible controversies between members, for effecting partition of all the assets of the family as made in the Schedule A to this deed. 2. The parties have divided the assets into three parts, the following division between the parties has been adjudged upon;
Party of the first part………… All the property given in Schedule I
Party of the second part……… All the property given in Schedule II
Party of the third part…………. All the property given in Schedule III
3. Each of the aforesaid parties shall be complete owner of property assigned to him per clause 2 above; no other party shall have any rights, title or interest in those assets hereafter. 4. This partition has been affected by mutual agreement, having no power to any party to assail it on any reason whatsoever.
5. The first party shall keep the original deed of partition. The other parties shall keep a true copy signed by all the parties and which true copy will be considered as effective as the original deed for all intents /purposes. IN WITNESS WHEREOF, the parties to this deed have set their hands in the presence of Date:
PARTY OF THE FIRST PART
PARTY OF THE SECOND PART
PARTY OF THE THIRD PART
Witnesses:
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