Extrajudicial Settlement Form PDF Details

The process of settling an estate after someone's passing can be intricate, often necessitating legal documentation to ensure that the transfer of assets is conducted smoothly and in accordance with the law. One such document, the Extrajudicial Settlement of Estate with Absolute Sale, plays a critical role in these circumstances, particularly when the deceased has left behind real property that the heirs wish to distribute or sell among themselves or to third parties. This agreement, as showcased in an example from 2009 in Bautista, Pangasinan, involves multiple parties - specifically, the heirs of the deceased Alejandro Carbonara and the purchasers Spouses Tonio B. Regala and Elma Buenavista-Regala. The document outlines the mutual understanding that the heirs, as the sole successors, have agreed amongst themselves to equally divide the described parcels of land. Furthermore, it elaborates on the sale aspect, wherein, for a specified sum, the heirs transfer ownership of the property to the buyers, guaranteeing clear title and peaceful possession free from any encumbrances. Such a settlement is performed extrajudicially, meaning it takes place outside of court, offering a quicker and less contentious means of resolving estate matters, provided there are no disputes among the heirs or claims on the deceased’s assets. The comprehensive authentication by a notary public ensures the document’s legal standing, making it a powerful example of how extrajudicial settlements function within the framework of Philippine law regarding the transfer and settlement of estate properties.

QuestionAnswer
Form NameExtrajudicial Settlement Form
Form Length3 pages
Fillable?Yes
Fillable fields54
Avg. time to fill out11 min 33 sec
Other namessample extra judicial settlement with sale, extrajudicial partition with sale sample, extrajudicial settlement with sale, extrajudicial settlement with deed of sale

Form Preview Example

EXTRAJUDICIAL SETTLEMENT OF ESTATE

WITH ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This AGREEMENT made and entered into this ____ day of _____ 2009, in

Bautista, Pangasinan, by and between:

Blessie C. Carbonara, of legal age, Filipino, residing at Brgy. Primicias, Bautista, Pangasinan;

Lea Carbonara-Pascual, of legal age, married, residing at Brgy. Primincias, Bautista, Pangasinan;

Judy Carbonara-Mitra, of legal age, married, residing at Brgy. Primicias, Bautista, Pangasinan;

Joann Carbonara, of legal age, single, residing at Brgy. Primicias, Bautista, Pangasinan; and

Janette Carbonara, of legal age, single, residing at Brgy. Primicias, Bautista, Pangasinan.

WITNESSETH, THAT:

WHEREAS, we are the sole heirs of the deceased Alejandro Carbonara who died on _______________, at Bautista, Pangasinan; copy of his death

certificate is hereto attached as Annex A;

WHEREAS, ALEJANDRO CARBONARA died intestate, without Will or Testament, and without any outstanding debts in favor of any person or entity;

WHEREAS, Alejandro Carbonara is the absolute and registered owner of two parcels of land located at Brgy. Poponto, Bautista, Pangasinan covered by Transfer Certificate of Title No. 17839 and 17852, respectively, of the Register of Deeds of Pangasinan and more particularly described as follows:

1.A parcel of land (Lot 1-B-35, Bsd-1-000723 AR), being a portion of lot 1-B & 1-C (LRC) PSD-220089. Bounded on the E., along line 4-1 by lot 1-A; Psd-220089; on the S., along line 1-2 by lot 1-B-34; on the W., along line 2-3 by lot 1-C-36; and

on the N., along line 3-4 by lot 1-B-36; all of the subdivision plan. Beginning at a point marked “1” on plan being S 28 deg. 56’E., 1641.86 m. from BLBM No. 1, Bo., Villanueva,

Bautista, Pangasinan.

thence N 63 deg. 58’W., 57.22 m. to point 2; thence N 16 deg. 04’E., 46.70 m. to point 3; thence S 64 deg. 02’E., 57.56 m. to point 4;

thence S 16 deg. 29’W., 46.71 m. to point of beginning;

containing an area of TWO THOUSAND SIX HUNDRED FORTY (2,640), SQUARE METERS, more or less.

2.A parcel of land (Lot 1-C-36, Bsd-1-000723 AR), being a portion of lot 1-B & 1-C (LRC) Psd-220089). Bounded on the N., along line 2-3 by lot 1-C-37; on the E., along line 2-4 by lot 1-B-35; on the S. along line 4-1 by lot 1-C-35; all of the

subdivision plan; and on the W., along line 1-2 by lot 15; Psu- 123014. Beginning at the point marked “1” on plan being S 26 deg. 36’E., 1546.56 m. from BLBM No. 1, Bo. Villanueva,

Bautista, Pangasinan.

thence N 15 deg. 40’E., 48.12 m. to point 2; thence S 59 deg. 12’E., 59.01 m. to point 3; thence S 16 deg., 04’W., 46.70 m. to point 4;

thence N 60 deg. 27’W., 58.34 m. to point of beginning;

containing an area of TWO THOUSAND SIX HUNDRED NNETY TWO (2,692) SQUARE METERS, MORE OR LESS.

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

FURTHER, FOR AND IN CONSIDERATION of the sum of TEN THOUSAND PESOS (Php10,000.00), Philippine Currency, the receipt whereof is hereby acknowledged in full from Spouses TONIO B. REGALA and ELMA BUENAVISTA-REGALA, both of legal age, Filipinos, and with residence address at Brgy. Primicias, Baustista, Pangasinan, we do hereby SELL, TRANSFER, CONVEY and DELIVER, by way of ABSOLUTE SALE, unto said Spouses Tonio B. Regala and Elma Buenavista-Regala, their heirs, assigns and successors in interest the property above described with all the improvements existing thereon;

That we hereby warrant our valid title to and peaceful possession of the property herein sold and conveyed and further declares that the same is free and clear of all liens and encumbrances of any kind whatsoever.

IN WITNESS WHEREOF, we hereunto set our hand on the ___ day of

_______________________, 2009 at Bautista, Pangasinan, Philippines.

The Heirs of Alejandro Carbonara

 

Blessie C. Carbonara

Lea Carbonara-Pascual

Judy Carbonara-Mitra

Joann Carbonara

Janette Carbonara

 

ACCEPTED:

 

TONIO B. REGALA

 

ELMA BUENAVISTA-REGALA

 

SIGNED IN THE PRESENCE OF:

Criscencio B. Regala

Gerald G. Rosaria

 

ACKNOWLEDGMENT

Republic of the Philippines}

City of________________ } S.S

BEFORE ME, a Notary Public in and for the City of __________________, this

___ day of ____________________________, personally appeared Tonio Regala, Elma

Buenavista-Regala, Blessie Carbonara, Lea Carbonara-Pascual, Judy Carbonara-Mitra, Joann Carbonara, and Janette Carbonara, who has satisfactorily proven to me their identity through Victoria B. Regala who is personally known to me and who personally knows the principal that they are the same person who executed and voluntarily signed the foregoing EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE which they acknowledged before me as their free and voluntary act and deed.

The foregoing instrument which relates to a Extrajudicial Settlement of Estate with Absolute Sale of two parcels of land consisting of 3 pages including the page on which this acknowledgment is written, has been signed on the left margin of each and every page by the parties and the witnesses.

WITNESS MY HAND AND SEAL, this ___ day of _________________, in the

City of _________________, Philippines.

Doc. No. ______

Page No.______

Book No. _____

Series of 20____

How to Edit Extrajudicial Settlement Form Online for Free

You could fill in extrajudicial settlement with sale sample philippines effortlessly with the help of our online tool for PDF editing. Our editor is continually evolving to grant the best user experience achievable, and that is because of our commitment to constant enhancement and listening closely to customer opinions. All it takes is several simple steps:

Step 1: Hit the orange "Get Form" button above. It will open our editor so that you can begin completing your form.

Step 2: This editor provides the opportunity to modify PDF forms in various ways. Improve it by including your own text, adjust existing content, and add a signature - all possible in no time!

This document will require particular information to be filled in, therefore you must take some time to enter what's asked:

1. It is very important complete the extrajudicial settlement with sale sample philippines accurately, so take care when working with the segments containing these fields:

Step no. 1 for completing extrajudicial settlement of estate with sale

Step 3: Soon after taking another look at your entries, press "Done" and you're all set! After creating afree trial account at FormsPal, you will be able to download extrajudicial settlement with sale sample philippines or email it without delay. The PDF form will also be readily accessible via your personal account menu with your each edit. We don't share or sell the details that you enter while dealing with forms at FormsPal.