FAMILY ARRANGEMENT
THIS FAMILY ARRANGEMENT is made the _________ day of _________ in the year 20 _________, BETWEEN (1) AA., aged _________ years, son of _________, resident of _________, (2) BB., age._________ years, daughter of the said AA., and (3) CC., aged. _________ years, son of. _________ and husband of the said BB., the latter two residing together at. _________
WHEREAS AA. is leading a retired life with his wife DE., stepmother of the said BB.;
AND WHEREAS AA. has a residential country-house in the suburb at._________ and a city house in _________;
AND WHEREAS the said AA. with his wife is always residing in the said country-house while the city house at _________, is occupied by a tenant paying a monthly rent of Rs _________ to the said AA.;
AND WHEREAS AA. has made a marriage settlement, dated. _________, and registered at the _________.sub-registry as No. _________, Book._________, Vol _________, at pages. _________ on. _________, 20. _________, whereby the said city house shall vest absolutely in BB. on the death of AA.;
AND WHEREAS BB. owing to her husband’s various businesses has to reside in _________ in hired and inadequate premises.
NOW, THEREFORE, THIS ARRANGEMENT is made and binds the parties and the heirs, representatives and administrators of BB. and CC. as under:
1. That the said city house at _________.belonging to AA numbered _________ on _________ Street shall from the date hereof, or as soon as may be, be occupied free of rent but subject to the payment from the date of occupation of all taxes, cesses and rates together with costs of maintenance, by the said BB. and her husband and children.
2. That the said BB. and CC. jointly and severally are hereby authorized and empowered to take in their own behalf or on behalf of the said AA. all and such legal or other proceedings as may be necessary for the adjustment of the present tenant at their cost and thereafter to have and to hold the said city house at _________ for their residential or office or both purposes.
3. That in consideration of the said arrangement, provided it comes into force, the said BB. and her husband, the said CC. shall pay a life annuity to DE. at the rate of Rs._________ monthly commencing from the death of AA. in the event of AA. pre-deceasing his wife, the said DE.
IN WITNESS whereof the said AA., the said BB. and the said CC. have hereunto signed at _________ the day and the year first above-written.
Witnesses:
1.
Address
Sd. AA.
Sd. BB
2.
Address
Sd. CC.