Sample Extrajudicial Settlement of Estate

EXTRAJUDICIAL SETTLEMENT OF ESTATE

KNOW ALL MEN BY THESE PRESENTS:

          This AGREEMENT made and entered into this 2nd day of October 2013 by and among:

LEILA M. SANTOS, of legal age, Filipino, single, and with residence and postal address at 1111 Santillan Street, Pio del Pilar, Makati City;

MILA M. SANTOS-RUBIO, of legal age, Filipino, married, and with residence and postal address at 2222 J. Victor Street, Pio del Pilar, Makati City:

JOSE M. SANTOS, of legal age, Filipino, single, and with residence and postal address at 3333 Taylo Street, Pio del Pilar, Makati City;

          

WITNESSETH:

        THAT we are the legitimate children and sole heirs of LUCIO T. SANTOS who died on June 25, 2013 in Makati City; copy of his death certificate is hereto attached as Annex "A"; 

       THAT said deceased died without any will or testament and without any outstanding debts in favor of any person or entity;

      THAT said deceased, at the time of his death, left a certain real property, situated in Makati City and more particularly described as follows, to wit: 

(Technical Description of property; specify metes 
and bounds of the property with approximate area 
thereof, as indicated on the face of the title)

       THAT pursuant to Section 1 of Rule 74 of the Revised Rules of Court of the Philippines, and we being all of age and with full capacity to contract, we do hereby adjudicate unto ourselves the land described above, in equal shares. 

          IN WITNESSS WHEREOF, we have hereunto signed this AGREEMENT, this 2nd day of October 2013 in the City of Makati, Philippines.

THE HEIRS OF LUCIO T. SANTOS

     
LEILA M. SANTOS                       MILA M. SANTOS-RUBIO


JOSE M. SANTOS

SIGNED IN THE PRESENCE OF:

__________________________                      _____________________________

    Witness                                                             Witness

ACKNOWLEDGMENT

Republic of the Philippines)
City of Makati                 ) S.S.

BEFORE ME, a Notary Public, for and in the City of Makati, this 2ndday of October 2013 personally appeared:

                         Name                       Identification Card        Issued On/At

             ____________________     ________________      _____________  
             ____________________     ________________      _____________  
             ____________________     ________________      _____________   
             ____________________     ________________      _____________  

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

      This instrument consisting of two (2) pages, including this page on which this acknowledgment is written refers to an EXTRAJUDICIAL SETTLEMENT OF ESTATE and has been signed by the parties and their witnesses and sealed with my notarial seal.

               WITNESS MY HAND AND NOTARIAL SEAL.

Doc. No. ____
Page No. ____
Book No. ____
Series of 2013.