Family arrangement deed

About this document

This agreement sets the terms between the family and the deceased in the absence of a Will. The document can be used by siblings or other close blood family. The document has been drawn to provide equal importance to the interests of all the parties. It can, however, be altered to favour either of the users.

Application and features

• Designed to cover a unusual situations;
• May be used for single or multiple properties;
• Provides a complete framework;
• Protects and binds all parties;
• Use as is; simply insert names and details of the property.

Contents

• Appropriate legal provisions; warranties, exclusions, indemnities;
• Terms of settlement that provide ideas;
• Warranties and representation of the parties;
• Retainer of original documents;
• Successors and assigns;
• Reasonableness;
• Sale of property and division of proceeds.