EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH WAIVER/ASSIGNMENT OF RIGHTS

WE, ___________________, of legal age, Filipino, married/single, and with address at _______________
_____;
and, ___________________, of legal age, Filipino, married/single, and with address at ______________
______.Hereinafter referred to

individually as each “Heir” and collectively as the “

Heirs.”

-WITNESSETH,

THAT 

- 1.

We are the legitimate and sole heirs of the

deceased _____________________ who, in his lifetime, was the owner of that parcel of landcovered by
Transfer Certificate of Title No. _____________ and declared under TaxDeclaration No. ___________

copies of which are hereto attached as Annexes “A”and “B” and made

integral parts hereof.2.

 ________________ passed away intestate, without any Last Will orTestament, and without any

outstanding debts or accounts;3.

The above-described property is not tenanted and does not comewithin the operation of the
Comprehensive Agrarian Reform Program;4.

Pursuant to Section 1 of Rule 74 of the Revised Rules of Court of thePhilippines, and all of us being with
full capacity to contract, we do herebyadjudicate unto ourselves the undivided portion of the property
owned by thedeceased as described above, in equal shares

 pro indiviso

WAIVER

5.
 

I,

 ______________________ 

, in consideration of my love and concernfor my brother who currently resides in the property, do
hereby

 WAIVE and/orASSIGN

all my title, rights, interests, and participation in the above-describedproperty

in favor of my brother, ___________,

who is in any case, co-owner thereof.IN WITNESS WHEREOF, we have hereunto set our hands,
this _____________ at _____________, Philippines.

The HEIRS

The HEIRS OF _____________________

 ___________________________ID No. _______________________ ___________________________ID

No. _______________________SIGNED IN THE PRESENCE OF: