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Deed of Family Settlement Between Rival Claimants

This deed of family settlement resolves disputes between rival claimants to the estate of E, who died intestate. A, B, C, and D each claimed rights to portions of the estate but their claims were disputed. Under the settlement, A retains items 7-9 and 19; B receives items 4-6; C receives items 1-3 and 10; and D receives items 12-14 and 16-20. The parties renounce all other claims and agree to share expenses related to the settlement. They declare obtaining independent legal advice and entering the agreement freely.

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Mahebub Ghante
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584 views4 pages

Deed of Family Settlement Between Rival Claimants

This deed of family settlement resolves disputes between rival claimants to the estate of E, who died intestate. A, B, C, and D each claimed rights to portions of the estate but their claims were disputed. Under the settlement, A retains items 7-9 and 19; B receives items 4-6; C receives items 1-3 and 10; and D receives items 12-14 and 16-20. The parties renounce all other claims and agree to share expenses related to the settlement. They declare obtaining independent legal advice and entering the agreement freely.

Uploaded by

Mahebub Ghante
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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DEED OF FAMILY SETTLEMENT BETWEEN RIVAL CLAIMANTS

THIS DEED OF FAMILY SETTLEMENT is made at ....... this .......... day of


......... 2012, between A son of Shri.......... resident of.............. of the FIRST
PART and Smt. B daughter of Shri ............. resident of ............... of the
SECOND PART and Shri C son of ........ resident of........ of the THIRD PART and
Smt. D wife of ...... resident of........... of the FOURTH PART.

WHEREAS E son of ............ resident of .......... died


intestate.........on ......... leaving behind movable and immovable assets more
particularly described in the Schedule hereunder written.

WHEREAS A claims the entire movable and immovable assets left by E


claiming to be his only son and legal heir of the deceased, but the other parties
deny that he is the only legal heir of the deceased.

WHEREAS Smt.B claims proportionate share and interest in movable and


immovable assets left by E claiming to be the widow of the deceased, but the
other parties hereto deny that she is widow and maintain that she was a
concubine of the deceased.

WHEREAS C clams proportionate share and interest in movable and


immovable properties left by E claiming to be the son of the deceased and Smt.
B, but the other parties hereto deny that he is the son of E and maintains that he
is the son of concubine Smt. B kept by the deceased and therefore he has no
rights and interests in the assets left by the deceased.
WHEREAS D claims proportionate share and interest in movable and
immovable assets left by E claiming to be an adopted daughter of the deceased,
but the other parties hereto deny that she was ever adopted and assert that she
being an orphan was given shelter in the house and employed as maid servant
by the said deceased.

WHEREAS the parties have agreed to resolve their respective claims and
disputes amicably without resorting to litigation to save the family from a possible
disastrous litigation.

NOW THIS DEED WITNESSETH AND IT IS HEREBY AGREED AS FOLLOWS:

(1) That A shall retain possession of items No. 7, 8, 9 and 19 of the


Schedule, as absolute and exclusive owner thereof and the other parties will
have no claim on the said properties of the and hereby forego the same, if there
was any.

(2) That Smt. B shall be delivered proprietary possession of items No. 4, 5


and 6 of the Schedule, which shall be deemed to belong to her, as from the date
of these presents she shall be absolute owner thereof. Smt. B hereby renounces
her claim in all other movable and immovable properties left by E. The other
parties renounce all claims to the said items No. 4, 5 and 6.

(3) That C shall be delivered proprietary possession of items No. 1, 2, 3


and 10 of the Schedule and he shall be deemed to be the absolute owner thereof
as from the date of death of E. The other parties renounce all claims to the said
items No. 1,2,3 and 10.
(4) That Smt. D shall be delivered proprietary possession of items No. 12,
13, 14, 16, 17, 18 and 20 of the Schedule and she shall be deemed to be the
absolute owner thereof as from the date of these presents. The other parties
renounce all claims to the said items No. 12, 13, 14, 16, 17, 18 and 20.

(5) The parties include their respective heirs and successors.

(6) The expenses of and incidental to this deed and also of transfer of the
shares to the respective parties shall come out of the estate of the deceased.

(7) The parties hereby declare that they have obtained independent legal
advice and they are executing this deed with their own free will.

IN WITNESS WHEREOF, the parties hereto have set and subscribed their hands
to this writing, the day and year first hereinabove written.

The Schedule above referred to


Particulars of movable and immovable property left by E

WITNESSES;
1.
Sh. A
2.
Smt. B

Sh. C

Smt. D

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