EXTRAJUDICIAL PARTITION OF REAL ESTATE

PARTITION AGREEMENT

This AGREEMENT OF PARTITION, made and entered into by and between:

_______________________, of legal age, single (or married to ___________________),
residing at_________________________; and ___________________, of legal age, single (or
married to_______________________), residing at ____________________________,

WITNESSETH

WHEREAS, the abovenamed parties are the registered sole and exclusive co-owners of
that certain parcel of land situated in _______________________________, and more
particularly described as follows:
(Description of the property)

their title thereto being evidenced by Transfer/Original Certificate of Title No. ____________ of
the Registry of Deeds of __________________________;

WHEREAS, it is to the convenience and advantage of the said parties that the existing
community of ownership between them be terminated, and their respective shares and
participation determined by mutual agreement and adjudication;

WHEREAS, for purposes of this partition agreement, the parties hereto have caused the
above-described property to be subdivided into lot Nos. _______________ and ______, per
tracing cloth and blue print plan Psd. ___________________and technical descriptions, duly
approved by the Land Registration Commission (LRC) which are attached hereto as Annexes
“A” and “B,” respectively, and made integral parts of this agreement;

WHEREAS, the parties hereto have mutually and voluntarily agreed, to partition and
adjudicate among themselves their common property as above-described, in the manner
following:

To _____________________________, the following lot: (description);

IN WITNESS WHEREOF, the parties hereto have signed their names unto this document
this __ day of ________, 2_____, in ____________________, Philippines.

____________________ _____________________
(Co-owner) (Co-owner)

SIGNED IN THE PRESENCE OF:

_____________________________ _____________________________

ACKNOWLEDGMENT