EXTRAJUDICIAL SETTLEMENT AMONG HEIRS

KNOWN BY ALL MEN THESE PRESENTS:

This EXTRAJUDICIAL SETTLEMENT, made and entered into by and among:

_________________________ (first party)

of legal age, residing at ___________________________

__________________________, (second party)

of legal age, residing at ___________________________

WITNESSETH:

1. That the above-named parties are the sole heirs of ________________,

who died in ________ (place) on _______ (date) without any will;

2. That the said deceased, at the time of his death, was the co-owner of a real
property situated in the _________ (situs of property), owning _____(state portion of
interest) _____in the said real property, more particularly described as follows:

“_______________________________________________“

which real property is covered by Transfer Certificate of Title No. __________ of the
Register of Deeds of Makati City, registered in Book T-_____, Page ______.

3. That no personal properties are involved in this extrajudicial settlement.

4. That to the best knowledge and information of the parties hereto, the said
deceased left no debts.

5. That by agreement between the parties, the entire ______________interest

of the decedent in the said real property is hereby solely adjudicated to
_____________________________.

6. That the parties hereto being all of legal age, and with full civil capacity to
contract, hereby by these presents agree to adjudicate, as they hereby adjudicate, solely
unto _______________________, the said ____________ interest of the deceased in the
above-mentioned property.

IN WITNESS WHEREOF, the parties have hereunto set their hands.

__________________________ _____________________________

Signed in the presence of:

____________________ ____________________

1
 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

________ CITY ) S.S.

BEFORE ME, a Notary Public for and in the City of _______, Philippines this
_____________, _______ (year) personally appeared the following:

Names ID No. Date/Place Issued

known to me and to me known to be the same persons who executed the foregoing
Extrajudicial Settlement Among Heirs consisting of _____ (__) pages including this page,
and they acknowledged to me that the same is their free and voluntary act and deed.

WITNESS MY HAND AND NOTARIAL SEAL at the place and on the date
first herein above written.

Notary Public

Doc. No. ____;

Page No. ____;
Book No. ____;
Series of _____.