The agreement must contain the names of all family members whose decision is important in this regard, the details of the ownership of the property and the specific conditions of this distribution of the property. It is recommended to indicate all the details of the property with the house number, the surface and even a site plan, if possible. A family comparison agreement is useful because it is an amicable solution between the parties and does not take as long as a court. Note that the transfer of property or assets under this agreement should not be considered a gift, nor is it a transfer of rights. There can therefore be no question of a capital gains tax. In 1998, the Madras High Court ruled against AL Ramanathan in the Commissioner of Income Tax case. It is also advisable to seal this agreement by crossing your fingers.