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solely for the purpose of clearly showing of
record that the undersigned has and claims no
interest in and to said property.
NOW THEREFORE, in consideration of the premises, the
undersigned does hereby disclaim, remise, release and
quitclaim unto the spouse and to the heirs and assigns
of said spouse forever, all right, title, interest,
claim and demand which the undersigned might appear to
have in and to the above described property.
* * * * * * *
NOTE: The parties are cautioned that by completing and
executing this document, legal rights, duties and
obligations are created. By signing, the parties
acknowledge that they have been advised to seek and
obtain independent legal counsel to all matters
contained in the within document prior to signing same
and that said parties have obtained advice or choose to
proceed without same.
In 1987, Zona Kenly and decedent executed a new lease
agreement with Tanimura & Antle, leasing the Bard property from
January 1, 1988, to June 30, 1991, for a total rent of $907,525.
According to the lease agreement, the lessors were “JOHN KENLY
and ZONA KENLY, c/o Windmill Ranch, Box 33 Sandy Route, Kingman,
Arizona 86401, dealing with their sole and separate property.”
Decedent’s Acquisition of Zona’s Interest in Bard Property
Decedent and Zona Kenly were partners in the Windmill Ranch
Partnership (the partnership). The partnership managed the Bard
property and the Windmill Ranch. In November 1990, decedent and
Zona Kenly received a proposal to purchase the Bard property and
the Windmill Ranch. Zona Kenly did not want to receive cash but,
instead, wanted to receive a substitute property. As a result,
on December 20, 1990, by a document titled “Memorandum Agreement
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Last modified: May 25, 2011