Memorandum Of Oral Partition Deed Format

Memorandum Of Oral Partition

Memorandum Of Oral Partition Deed Format

This memorandum of oral partition is made this ……… day of ………… 2000 between AB son of ……… residing at ……… of the First Part, CD, son of ……… residing at ………… of the Second Part and EF daughter of ……… residing at ……… of the Third Part.

Whereas one XY who was a Hindu governed by the Dayabhaga or Bengal School of Hindu Law died intestate on the ……… day of ……… leaving behind him surviving his two sons, viz. the said AB and CD and a daughter, the said EF as his heirs and legal representatives under the said School of Hindu Law and the movable and immovable properties described in Schedules A, B and C hereunder as part of his estate and whereas upon his death the said AB, CD and EF became entitled to the said properties absolutely and in equal shares by right of inheritance and succession and whereas for better use and enjoyment of the said properties the said AB, CD and EF had the same mutually partitioned and divided  by metes and bounds in three equal lots, viz. the said AB agreed to and accepted the properties mentioned and described in Schedule A as his defined and demarcated share in the joint estate, similarly the said CD and EF have agreed to and accepted the properties mentioned and described in Schedules B and C respectively at a sitting held on ………… at …… in presence of some of the well-wishers of the family and whereas notwithstanding the fact that no formal deed of partition was then executed by the parties the estate of the said XY has in fact, truth, reality and substance been partitioned by metes and bounds among his said heirs and legal representatives by conduct of the parties and whereas the parties have given effect to and acted upon such partition by entering into their respective allotments and have recorded their respective individual names in the Municipal as also Revenue Records of the properties and collecting the rents, issues and profits thereof accordingly and whereas in the circumstances aforesaid the said AB has become the sole absolute and exclusive owner of the properties described in Schedule A hereunder and the said CD has become the sole, absolute and exclusive owner of the properties described in Schedule B hereunder and the said EF has become the sole absolute and exclusive owner of the properties described in Schedule C hereunder. And whereas the parties have accepted the said partition as fair, final, conclusive and binding on them.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA 163 - Memorandum Of Oral Partition Deed Format

Now by this Memorandum the parties place on record, declare and confirm the said partition as final, conclusive and binding on the parties to all intents and purposes.

Schedule A above referred to

                                                             *              *           *

Schedule B above referred to

                                                             *              *           *

Schedule C above referred to

                                                            *               *           *

In witness whereof the parties hereto have executed these presents in triplicate on the day, month and year first above-written.

Signed, sealed and delivered by AB

in the presence of:

Signed, sealed and delivered by CD

in the presence of:

Signed, sealed and delivered by EF

in the presence of:

Memorandum Of Oral Partition Deed Format

Contact us for Company registration in India, NGO registration in India, ISO certification in India on +91-8540099000

Email us at : [email protected]

Leave a Comment