Family Partition Deed Template for New Zealand

1. Mortgage Details: Required if any properties are subject to mortgages

2. Lease Arrangements: Needed if any properties are subject to existing leases

3. Business Assets: Required if family business assets are involved in the partition

4. Trust Provisions: Necessary if any property is held in trust

5. Cultural Significance: Required for properties with Māori cultural significance or subject to Treaty claims

6. Life Interest Provisions: Needed if any party retains life interest in properties

7. Maintenance Obligations: Required if ongoing maintenance responsibilities need to be specified

8. Right of First Refusal: Optional clause giving family members first right to purchase if property is sold

1. Schedule 1 - Property Details: Comprehensive list and description of all properties subject to partition

2. Schedule 2 - Allocation Schedule: Detailed breakdown of which party receives which assets

3. Schedule 3 - Valuation Reports: Independent valuations of properties being partitioned

4. Schedule 4 - Outstanding Liabilities: List of any mortgages, charges, or other encumbrances

5. Schedule 5 - Plans and Drawings: Property plans, subdivision details, or architectural drawings if relevant

6. Appendix A - Related Agreements: Copies of related family agreements or arrangements

7. Appendix B - Certificates of Title: Copies of relevant property titles

8. Appendix C - Tax Certificates: Relevant tax clearances or certificates