EXTRAJUDICIAL SETTLEMENT OF ESTATE

KNOW ALL MEN BY THESE PRESENTS:

This AGREEMENT, executed by and among the heirs of the late

___________________________ this day of ____________, Makati City:

Relationship
Civil
Name of Heirs Citizenship Address to the
Status
Decedent

WITNESSETH; That

1. The above-named parties are the surviving heirs of the deceased

________________________ who died on ___________________ in
________________

2. Said deceased died intestate, without any Testament whatsoever;

3. Heirs are not aware of any indebtedness of the deceased but should there
be any claims submitted to the estate after this extra-judicial settlement, heirs
manifest their undertaking to settle the same;

4. Said deceased left no valuable properties, except for real property located
at ____________________, with an area of _______________, and specifically
covered by Transfer Certificate of Title No. __________________ of the Registry
of Deeds of _______________,;

5. Pursuant to Section 1, Rule 74 of the Revised Rules of Court of the Philippines, and
being with full capacity to contract, we do hereby adjudicate unto ourselves the
parcel of land described above, in equal shares but shall be divided into 2 equal
parts and further subdivided as follows:

Area Ownership/Title

a.

b.

Page 1 of 2
IN WITNESS WHEREOF, parties herein affixed their signatures on the date and place
above written.

Signed in the Presence of:

ACKNOWLEDGEMENT
Republic of the Philippines)
Makati City ) Sc.

BEFORE ME, personally appeared:

Name of Heirs Government ID No. Date and Place of Issue

Known to me and to me known to be the same persons who executed the foregoing
instrument and acknowledged to me that the same is their free and voluntary act and
deed.

This instrument consisting of 2 page/s, including the page on which this

acknowledgement is written, has been signed on each and every page thereof by
the concerned parties and their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, on the date and place first above written.

NOTARY PUBLIC
Doc. No.______;
Page No. ______;
Book No.______;
Series of 2019.
Page 2 of 2