Family
Arrangement in Which the Daughters Convey their Shares in Favour of Their
Brother
This
Deed is made at .............. on this ........... day of ....... 19 .......
between Smt. A wife of Shri .......... resident of ............. hereinafter
called as Smt. A, of the One Part and Smt. B wife of Shri .......... resident
of .......... hereinafter called as Smt. B of the Second Part and Shri C son of
D resident of ...... hereinafter called as Shri C, of the Third Part.
Whereas
D now deceased was seized and possessed of the property, more particularly
described in Schedule hereto, and the said D has died on ...... intestate.
And
Whereas the parties to this deed are the only legal heirs entitled to share in
the estate of D.
And
Whereas Smt. A and Smt. have been married in very respectable families and the
said D had spent substantial sums on their marriage and the said D had been
paying money and offering gifts to them on the occasion of festivals and functions
in the family and after the death of said D, C has been paying money and
offering gifts to them on the occasion of festivals and functions in the
family.
And
Whereas on account of their love and affection, the said Smt. A and Smt. B are
desirous to transfer their shares to C for his absolute use and benefit free
from encumbrances.
Now
This Deed Witnesseth as Follows:
In
pursuance of the said agreement and in consideration of the premises, the paid
Smt. A and Smt. B as beneficial owner hereby assign and release unto Shri C all
that their shares and interests in the property described in the Schedule
hereunder written to hold the same unto the said Shri C as absolute owner
thereof without any encumbrance or charge.
2. The
said Smt. A and Smt. B hereby agree, undertake and declare that none of them
will have any right, title or interest in the property described in the
Schedule hereto or any other property which is found later on to be left by the
deceased D and C will hold the said property as absolute owner thereof without
any encumbrance or charge.
3. The
said Smt. A and Smt. B include their respective legal heirs, successors and
legal representatives.
4. The
cost of the execution and registration of this deed shall be borne by Shri C.
5. The
said Smt. A and Smt. B have obtained independent advice and they are fully
aware of meaning and effect of this deed.
In
Witness Whereof, the parties have set and subscribed their hands to this
writing the day and year first hereinabove written.
The
Schedule above referred to
Signed
and delivered by the within named Smt A
Signed
and delivered by the within named Smt. B
Signed
and delivered by the within named Shri C
WITNESSES;
1.
2.