EXTRAJUDICIAL SETTLEMENT OF ESTATE

OF THE DECEASED ____________________,

WITH DEED OF PORTION SALE
KNOW ALL MEN BY THESE PRESENTS:

This Extra Judicial Settlement of Estate with Deed of Portion Sale is executed by, between
and among the following parties:

____________________,, of legal age, Filipino citizen, widow of ____________________,, and

a resident of ____________________,;

____________________,, of legal age, Filipino citizen, and a resident of

____________________,;

____________________,, of legal age, Filipino citizen, and a resident of

____________________,;

____________________,, of legal age, Filipino citizen, and a resident of

____________________,;

Witnesseth:

WHEREAS, that we are the legal heirs of deceased ____________________ who died
intestate on ____________________ at ____________________, without leaving any Last Will or
Testament;

WHEREAS, the deceased ____________________ is the registered owner of a real property,

situated at ____________________ (____________________) Square Meters more or Less, under Tax
Declaration No. ____________________ issued by Municipal Assessor of ____________________,
and is more particularly described as follows:

(Technical description of the property)

WHEREAS, ____________________. Left No Will or Testament, Nor Any Outstanding

Debt(s) Or Financial Obligations In Favor of Any Person Or Entity;

WHEREAS, pursuant to Rule 74, Sec. 1 of the Revised Rules of Court of the Philippines, and
all being with full-capacity to contract, the undersigned heirs as legal heirs of
____________________, is the legitimate heirs of the deceased, do hereby adjudicate extra-
judicially unto themselves the land described above;

WITNESSETH:
WHEREAS, the portion of ____________________ (____________________) Square Meters of
the aforementioned property has further agreed to sell, in favor of the, Vendee,
____________________, of legal age, Filipino citizen, single, with residence and postal address at
____________________, In consideration of ____________________ (₱ ____________________),
Philippine Currency;

PROVIDED FURTHER, that the undersigned heirs/sellers, do hereby acknowledge the

satisfactory receipt of ____________________(₱ ____________________), Philippine Currency, from
the VENDEE. And by virtue of such presents do HEREBY SELL, TRANSFER CONVEY AND WAIVE
THEIR RESPECTIVE RIGHTS, interest and participation over the portion of ____________________
(____________________) Square Meters of the above-mentioned real property without
Page 1 of 3
EXTRAJUDICIAL SETTLEMENT OF ESTATE OF THE DECEASED ____________________
WITH DEED OF PORTION SALE
improvements specified-herein in favor of the Vendee ____________________, of legal age, Filipino
citizen, single, with residence and postal address at ____________________, her heirs, assigns and
transferees, free from any liens and encumbrances;

IN TESTIMONY HEREOF, the parties have hereunto signified that they fully understood the
legal effects of the foregoing settlement, by setting their respective hands this ______ day of
______ at Trece Martires City, Cavite.

____________________
Heir/Vendor

____________________ ____________________
Heir/Vendor Heir/Vendor

____________________
Heir/Vendor

SIGNED IN THE PRESENCE OF:

_________________________ _________________________

ACKNOWLEDGEMENT

Republic of the Philippines )

Province of Cavite ) S.S.
City of TreceMartires )

BEFORE ME, a notary for and in the ____________________ on this _____ day of _____,
personally appeared:

  Name Identification

____________________ ____________________
____________________ ____________________
____________________ ____________________
____________________ ____________________

known to me and to me known to be the same persons who executed the foregoing
EXTRAJUDICIAL SETTLEMENT OF ESTATE OF THE DECEASED ____________________ WITH DEED OF
PORTION SALE and acknowledged to me that the same is their free and voluntary act and deed.

This instrument consisting of three (3) pages including this page whereon the
acknowledgement is written and signed by the parties and their instrument witness on each and
every page thereof, sealed with my notarial seal pertains to an EXTRAJUDICIAL SETTLEMENT OF
ESTATE OF THE DECEASED ____________________ WITH DEED OF PORTION SALE.

Page 2 of 3
EXTRAJUDICIAL SETTLEMENT OF ESTATE OF THE DECEASED ____________________
WITH DEED OF PORTION SALE
Doc. No. : _______
Page No. : _______
Book No. : _______
Series of : _______

Page 3 of 3
EXTRAJUDICIAL SETTLEMENT OF ESTATE OF THE DECEASED ____________________
WITH DEED OF PORTION SALE