This document is a deed of extrajudicial settlement of estate for the deceased spouses [names redacted]. It details the heirs agreeing to partition and distribute the estate, including property and assets, outside of court proceedings. The heirs sign to acknowledge there are no other debts or claims against the estate and they will proportionally pay any omitted heirs who come forward within 2 years.
This document is a deed of extrajudicial settlement of estate for the deceased spouses [names redacted]. It details the heirs agreeing to partition and distribute the estate, including property and assets, outside of court proceedings. The heirs sign to acknowledge there are no other debts or claims against the estate and they will proportionally pay any omitted heirs who come forward within 2 years.
This document is a deed of extrajudicial settlement of estate for the deceased spouses [names redacted]. It details the heirs agreeing to partition and distribute the estate, including property and assets, outside of court proceedings. The heirs sign to acknowledge there are no other debts or claims against the estate and they will proportionally pay any omitted heirs who come forward within 2 years.
This document is a deed of extrajudicial settlement of estate for the deceased spouses [names redacted]. It details the heirs agreeing to partition and distribute the estate, including property and assets, outside of court proceedings. The heirs sign to acknowledge there are no other debts or claims against the estate and they will proportionally pay any omitted heirs who come forward within 2 years.
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DEED OF EXTRAJUDICIAL WITH SETTLEMENT OF ESTATE
OF SPOUSES ________ KNOWN ALL MEN BY THESE PRESENTS: This Deed of Extrajudicial Settlement of Estate made and entered into by and between heirs:
___, of legal age, single, Filipino, widow, residing at
14755 28th Ave., Flushing NY 11354;
___, of legal age, Filipino married to ____, both residing
at \----);
___, of legal age, Filipino, married to __, residing at
___;
____, of legal age, Filipino, single, residing at ___;
___, of legal age, Filipino, single, residing at ____;
____, of legal age, Filipino married to ____, both residing
_____;
herein referred to as the HEIRS;
WITNESSETH:
That the above-named HEIRS are the only surviving and lawful heirs of ___, who died intestate on April 24, 2012, and ____, who died intestate June 9, 2020 copy of his death certificate is hereto attached as Annex “A”;
That the deceased at the time of his death left certain
personal properties (“ESTATE”) hereto attached as Annex “B” and made an integral part of this Deed;
WHEREAS, ___ and ____ is the absolute and registered owner
of parcels of land located at _____ covered by Transfer Certificate of Title No. _____, respectively, and more particularly described as follows:
[A parcel of land (____ HUNDRED SIXTY (160) SQUARE METERS, more
or less.]
That the deceased at the time of his death left certain
personal properties (“ASSET”) hereto attached as Annex “C” and made an integral part of this Deed;
WHEREAS, ____ is the absolute owner of ___ Asset Account
Number ___ and Regular Asset Account Number __ as of June 15, 2020 with the sum of ___ (____) Philippine Currency.
That there are no known debts or obligations due against the
estate of the said decedent;
That, it is to the very best interest of the parties hereto
to adjudicate unto themselves the entire estate extrajudicially in the form and manner hereinafter set forth;
NOW THEREFORE, for and in consideration of the foregoing
premises and invoking the provision of Sec. 1 Rule 74 of the Rules of Court, the said HEIRS above named have agreed to settle the estate extrajudicially and to this effect do hereby partition and adjudicate the same unto themselves and the foregoing inheritance, subject however to the liabilities imposed by Sec. 4, Rule 74 of the Rules of Court for a period of two years in favor of any other possible heirs, creditors or any other person deprived of the lawful participation over the said estate of the deceased and encumbrances;
The parties agreed to publish this instrument in a newspaper
of general circulation in the City of Makati once a week for three consecutive weeks.
In the remote event that any other property of the decedent
should ever be found which is not included hereinabove, the HEIRS hereto further agree as they do so agree to settle and distribute the same in like manner and proportion as herein established and disposed.
That the HEIRS hereby covenant and further warrant that
should there be preterition or omission of one, some, or all of the compulsory heirs in the direct line, whether living or not at the time of the execution of this Deed, will not invalidate/nullify the terms and conditions of this deed. Instead, the HEIRS shall proportionately obligate themselves to pay to the omitted Heirs or the latter’s heirs the share which belong to him/them, in accordance with the rules of succession under the Civil Code of the Philippines.
IN WITNESS WHEREOF, I have hereunto affixed my signature
this ________________ day of 2022, at QUEZON CITY, Philippines.
City of ______________________} BEFORE ME this __ day of ________________ 2022 at _____________________, Philippines, personally appeared the following persons, who are identified by me through competent evidence of identify:
Name Competent Evidence Date/Place Issued
of Identity
Known to me to be the same persons who executed the foregoing
instruments and acknowledged to me that the same is their own free voluntary act and deed.
This instrument refers to a Deed of Extrajudicial Settlement
of Estate of consisting of THREE (3) pages including this page on which the acknowledgement is written and duly signed by the parties and their instruments witnesses.
WITNESS MY HAND AND NOTARIAL SEAL on the date and place first above written.
Doc. No.____; Page No.____; Book No.____; Series of 2022.
