Draft a deed of family arrangement pertaining to property. Assume data wherever necessary.

CS Professional · Drafting, Appearances and Pleadings · PYQS · June 2021
Draft a deed of family arrangement pertaining to property. Assume data wherever necessary.

Answer & Explanation:

The DEED OF FAMILY ARRANGEMENT of properties owned and possessed by the Hindu Undivided Family and its members by free consent and without force or compulsion made and executed on this day of ............ 20....... Between ............and his elder (major) son ............ s/o............ r/o............ and his only daughter............w/o............ r/o............ witnesses as follows: 1. That the aforesaid parties constitute joint Hindu Family owing and possessing a number of movable and immovable properties situated at various parts of the country, detailed in Schedule A, Schedule B, Schedule C, Schedule D and Schedule E to this document. 2. That in order to avoid any future property dispute between parties inter se, the aforementioned parties have entered into this agreement of the Family Agreement voluntarily of their own will whereby, a) The property detailed in Schedule E to this document shall go to the share of ............ b) The property share on Schedule B to this document shall go to the share of ............ c) The property stated in Schedule C ............ d) The property stated in Schedule D............ e) The property stated in Schedule A ............ 3. That each of aforesaid parties shall be entitled to all the benefit, rents and other incomes arising out of the properties falling into such parties share and each such party shall be liable to pay all taxes, rates etc. in respect of the shares of the properties. 4. That each of the parties shall be an absolute owner of the properties falling into the shares of such party with power to sell, transfer and each such party shall have no right, title or interest in any of the properties falling into the shares of the other members of the family. IN WITNESS WHEROF the parties hereto have executed these presents on the day month and year, above written. Witnesses: 1. ............ 2. ............ Sign............

Topics: Drafting, Appearances and Pleadings

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