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Extra Judicial With Spa

EJS WITH SPA

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Meggan Marie Shinew
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60 views3 pages

Extra Judicial With Spa

EJS WITH SPA

Uploaded by

Meggan Marie Shinew
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH SPECIAL POWER OF

ATTORNEY TO SELL OR TO ENTER INTO DEVELPOMENT AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Extra Judicial Settlement of Estate with Special Power of Attorney to Sell or to enter into
Development Agreement is executed by, between and among the following parties:

1. HEIRS of DOMINGO ANGELES and MARINA LINSANGAN; Angelito Linsangan


Angeles, single; Bernardo Linsangan Angeles, single; Teresita Linsangan Angeles, single,
Nenita Angeles Cordero, married, Ricardo Linsangan Angeles, single(deceased) and
Carmelita Angeles, single, represented by, Nenita Angeles Cordeta, Carmelita Angeles
and Nanet single resident of 161 and 163 INT La Loma Quezon City.
2. HEIRS of RICARDO LINSANGAN ANGELES; represented by Nanet De Castro
Cordeta single resident of 161 and 163 INT La Loma Quezon City.

WHEREAS, the parties are sole and exclusive heirs of the late DOMINGO ANGELES and
MARINA LINSANGAN, who died intestate on December 12, 1996 in Quezon City.

WHEREAS, during the lifetime of the decedent they had real property covered by Transfer
Certificate of Title (TCT) No. 004-2015011321, 004-2015011322 and 004-201511323 of the
Register of Deeds of Quezon City.

WHEREAS, there is no known debts or obligations chargeable to the estate of decedent at


the time of her death.

NOW THEREFORE the parties hereby agree to settle the estate among them amicably and
without need for court action as follows:

1. The parties shall sell or enter into development agreement the partial or entire property
whether in a manner absolute of in such form of conveyance beneficial and convenient to
the heirs and divide the proceeds among themselves pursuant to the intestate provisions
of the Civil Code and related Laws:
2. All expenses in sale, transfer, contract, agreement and taxes shall be chargeable to the
proceeds.
3. Shall appoint an Attorney if fact to facilitate the sale, Joint Venture or disposition of the
Estate.

Further, this settlement of estate is subject to the provisions of rule 74 of Rules of Court,
which allows other parties to interpose claim within a period of two years from the
registration of this agreement.
The parties further agree that should it be discovered that there are properties not covered
by this agreement, the same shall be distributed and disposed of in the manner and
method provided for herein.

SPECIAL POWER OF ATTORNEY

The parties do hereby name, constitute and appoint NENITA CORDETA,


CARMERLITA ANGELES and NANET DE CASTRO as our duly constituted
representative to do the following acts:

1. To negotiate the sale of the property or to subject the estate in development contract
or Joint Venture Agreement with such reputable real estate developer to give full
effect to this Extrajudicial Agreement.
2. To represent us in any and all suits pertaining to the subject estate and to enter into
stipulations, arbitration, compromise or submit the case to arbitration or mediation.
3. To sign in our place and stead all documents necessary and proper to give full effect
to the intent of this authority.
4. To negotiate, sign an agreement and obtain loan from any private financer, receive
money, papers and effects and to render proper accounting of proceeds to the parties.

HEREBY GIVING AND GRANTING the foregoing authority and ratifying all and
such acts pertaining thereto as if we are present and signing.

IN WITNESS WHEREOFF, the parties affixed their respective signature this ____ day
of ___ 2022 at _____________________________.

1. HEIRS of DOMINGO ANGELES AND MARINA ANGELES - Represented by:


NANET DE CASTRO, CARMELITA ANGELES and NENITA CORDETA
2. HEIR of RICARDO ANGELES – Represented by NANET DE CASTRO

SIGNED IN THE PRESENCE OF:

_____________________ _______________________
ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


____________________________ ) S.S

BEFORE ME, A Notary Public in the Province of


_____________________________________ this ________________, personally appeared all
parties with their respective government issued identifications written below their names, known
to me and me known to be the same persons who executed the foregoing instrument and they
acknowledged to me the same is their own free and voluntary act and deed.

The foregoing instrument refers to an Extra Judicial Settlement of the Estate consisting of Three
(3) pages including the page on which this acknowledges is written, signed by the parties and
their instrument witnesses.

WITHNESS MY AND SEAL on the date and place above written.

Doc. No.______: Notary Public


Page No.______:
Book No. _____:
Series of 2022

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