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Partition Agreement: (Description of The Property)

This document is a partition agreement between two co-owners of a property to divide ownership and terminate their joint ownership. It describes the property to be partitioned and refers to an attached subdivision plan and technical descriptions that divide the property into two lots. The agreement states that the co-owners have mutually agreed to this partition and adjudication of their common property, with one co-owner receiving one of the lots described in an attachment. Both co-owners and witnesses sign the agreement.

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Luigi Feliciano
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206 views2 pages

Partition Agreement: (Description of The Property)

This document is a partition agreement between two co-owners of a property to divide ownership and terminate their joint ownership. It describes the property to be partitioned and refers to an attached subdivision plan and technical descriptions that divide the property into two lots. The agreement states that the co-owners have mutually agreed to this partition and adjudication of their common property, with one co-owner receiving one of the lots described in an attachment. Both co-owners and witnesses sign the agreement.

Uploaded by

Luigi Feliciano
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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PARTITION AGREEMENT

This AGREEMENT OF PARTITION, made and entered into by and between:

____________________________, of legal age, single (or married to ___________________),


residing at ___________________________________________; and _____________________________, of
legal age, single (or married to ___________________________), residing at
___________________________________________,

WITHNESSETH
WHEREAS, the abovenamed parties are the registered sole and exclusive co-
owners of that certain parcel of land situated in ________________________________________,
and more particularly described as follows:

(Description of the property)

their title thereto being evidenced by Transfer/Original Certificate of Title No.


_____________ of the Registry of Deeds of _____________________________________;

WHEREAS, it is to the convenience and advantage of the said parties that the
existing community of ownership between them be terminated, and their respective
shares and participation determined by mutual agreement and adjudication;

WHEREAS, for purposes of this partition agreement, the parties hereto have
caused the above-described property to be subdivided into lot Nos. ___________________
and __________________________, per tracing cloth and blue print plan Psd. _________________
and technical descriptions, duly approved by the Land Registration Commission
(LRC) which are attached hereto as Annexes “A” and “B,” respectively and made
integral parts of this agreement;

WHEREAS, the parties hereto have mutually and voluntarily agreed, to


partition and adjudicate among themselves their common property as above-
described, in the manner following:

To _____________________________________________________________, the following lot:

(description);

IN WITNESS WHEREOF, the parties hereto have signed their names unto this
document this ________ day of _______________________, 20_______, in ________________________,
Philippines.
______________________________ _____________________________
(Co-owner) (Co-owner)

SIGNED IN THE PRESENCE OF:

_______________________________ _________________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF _______________________ )S.S.

BEFORE ME, this _____ day of __________________, 20______ in the City of


____________________, personally appeared:

Name Competent Evidence of Place and Date


Identity Issued

known to me to be the same person who executed the foregoing instrument, and
acknowledged that the same are their free act and deed.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial


seal on the date and place above written.

NOTARY PUBLIC

Doc. No. _________;


Page No. _________;
Book No. _________;
Series of _________.

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