👉 Distribituting is a legal concept that refers to the process of dividing property or assets between two or more parties. It involves dividing the assets among the parties as agreed upon by them, without any formal court proceedings. The purpose of distributing property is usually for equitable distribution purposes, such as to settle debts, distribute benefits, or ensure equal sharing of resources in a community. In many jurisdictions, the process of distribiting property can be governed by various legal instruments, including deeds
