 |
|
|
- DEED OF
FAMILY SETTLEMENT
-
-
- THIS DEED OF
FAMILY SETTLEMENT is made at ..........
on this ............ day of ............,
between .......... son of
..............residing at..........
(hereinafter called the FIRST PARTY which
expression shall, unless it be repugnant
to the context or meaning thereof, be
deemed to mean and include its successors
and assigns) OF THE ONE PART; AND
........ son of........... residing at
.......... (hereinafter called the SECOND
PARTY which expression shall, unless it
be repugnant to the context or meaning
thereof, be deemed to mean and include
its successors and assigns)OF THE SECOND
PART; AND ........son of
..............residing at...........
(hereinafter called the THIRD PARTY which
expression shall, unless it be repugnant
to the context or meaning thereof, be
deemed to mean and include its successors
and assigns) OF THE OTHER PART.
-
- WHEREAS
Mr..... died on ........ without leaving
any Will or testament, being possessed
of, at the time of his death,
considerable movable and immovable
property as set out in the Annexure
herein to this deed;
-
- AND WHEREAS
the parties to this deed are the legal
heirs of the deceased related to his in
the following manner:
- .......
- .......
-
- AND WHEREAS
the parties have certain rights over the
estate and property of the deceased
Mr......., which, however, the parties
have agreed in terms of this deed to
modify taking into account the current
possessions, future status and other
factors relevant to the parties - and in
order to maintain peaceful family
relations which would otherwise be
strained if the actual shares are
enforced through Court of law;
-
- NOW THEREFORE
the parties to this deed have agreed to
distribute and take the property of the
deceased as described in the Annexure in
the following manner:
-
- .......
- ......
-
- It is agreed
by all the parties that they have
understood the implications of the above
distribution and settlement and they
shall do all necessary things and execute
all necessary documents or deeds whether
required by any person or authority or
otherwise to give effect to the terms of
this deed.
-
- IN WITNESS
WHEREOF the above parties have signed
this deed on the date mentioned above.
-
- SIGNED,
SEALED AND DELIVERED
- by the
withinnamed Party A, Mr.___
- in the
presence of Mr.____________
- SIGNED,
SEALED AND DELIVERED
- by the
withinnamed Party B, Mr.___
- in the
presence of Mr.____________
- SIGNED,
SEALED AND DELIVERED
- by the
withinnamed Party C, Mr.___
- in the
presence of Mr.____________
|
- ABSOLUTELY NO WARRANTIES
ARE MADE REGARDING THE SUITABILITY OF
THESE FORMS FOR ANY PARTICULAR PURPOSE.
IT IS ADVISABLE THAT IMPORTANT
DOCUMENTATIONS ARE PREPARED OR VETTED BY
EXPERT. LEGAL ADVICE OF ANY NATURE SHOULD
BE SOUGHT FROM COMPETENT, INDEPENDENT,
LEGAL EXPERT IN THE RELEVANT
JURISDICTION.
|
|