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Extrajudicial Settlement EWS

The document is an extrajudicial settlement of an estate with waiver of share between a widow and her children who are the sole heirs of the deceased. It details that the deceased died intestate without any debts and left several real properties. The parties, all being of legal age, agreed to divide the real properties between them. The widow transfers and conveys her rights and interests in the properties to her children and waives her share in their favor in equal portions.

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0% found this document useful (0 votes)
327 views2 pages

Extrajudicial Settlement EWS

The document is an extrajudicial settlement of an estate with waiver of share between a widow and her children who are the sole heirs of the deceased. It details that the deceased died intestate without any debts and left several real properties. The parties, all being of legal age, agreed to divide the real properties between them. The widow transfers and conveys her rights and interests in the properties to her children and waives her share in their favor in equal portions.

Uploaded by

bryan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Form No.

40 --  EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH


WAIVER OF SHARE

KNOW ALL MEN BY THESE PRESENTS:

THIS AGREEMENT, executed by and between:……………………………....widow


of ...................................  and........................................... of legal age, single/married
to.................. and resident of............................................................and..............of legal age,
single/married to...................................... and resident of and.................................................
of.......................legal age, single/married to............................. and resident of .............

WITNESSETH:
 1. That the above-named parties are the widow and children and the sole heirs of the
deceased...........................................who died on........................ at………………………….

2. That said deceased died intestate, without Testament and without leaving any debts
whatsoever;

3. That said deceased left the following real properties which are all conjugal and owned
in common with his wife, the herein..................................................................        

                          (Description of Properties)


4. That pursuant to Sec. 1, Rule 74 of the Revised Rules of Court of the Philippines, and the
parties herein being all of age, they have agreed to divide as they do hereby divide and
adjudicate, the real properties, above-described as follows
        That they hereby affirm that they have executed the foregoing instrument out of
their own voluntary free will without force, intimidation or violence upon their person,
that they have hereby received their just and proper share and have no claim or demand
against each other
     That I,...................................................for my part an d FOR AND IN
CONSIDERATION  and of the sum of..........................................................(P....)
Philippine Currency to me hand paid by my hereinabove named children to wit,
………………………........,  ......................., and …………………....hereby
TRANSFER AND CONVEY  unto the said ............................and ..............., their hiers
and assigns  all the rights , interest, and participation in the above described , do hereby
WAIVEmy rights , interest and participation in the above-described real property in
favor of all my children , namely;.........,....................................,........, and ....in like
shares:
      WITNESS MY HAND this .....day of ........ at……………...,   …………......,  
...................,.....,
WITNESSES:

(ACKNOWLEDGEMENT, FORM NO. 1)

  

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