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Extrajudicial Settlement of Estate

This document is an extra-judicial settlement of the estate of the deceased Odelon C. Bisnar among his heirs. It details that Mr. Bisnar died intestate owning a parcel of land in Ormoc City. His surviving wife Adela and children Jennifer, Roderico, Antonio, Carla, and Judy agreed to equally partition and distribute the real property and improvements among the children. In consideration of her love for her children, Adela waived and renounced her rights to the property in favor of her children.

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179 views2 pages

Extrajudicial Settlement of Estate

This document is an extra-judicial settlement of the estate of the deceased Odelon C. Bisnar among his heirs. It details that Mr. Bisnar died intestate owning a parcel of land in Ormoc City. His surviving wife Adela and children Jennifer, Roderico, Antonio, Carla, and Judy agreed to equally partition and distribute the real property and improvements among the children. In consideration of her love for her children, Adela waived and renounced her rights to the property in favor of her children.

Uploaded by

rommel penaranda
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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EXTRA-JUDICIAL SETTLEMENT OF

ESTATE OF THE DECEASED ODELON C. BISNAR

KNOWN ALL MEN BY THESE PRESENTS:

This Extra-Judicial Settlement of Estate among heirs is made and executed by and
between the following heirs;

ADELINA R. ROBLE, of legal age, Filipino, widow and a resident of No. 606 Purok
Bougainville, Brgy. Punta, Ormoc City, Leyte;

JENNIFER R. BISNAR, of legal age, Filipino, single and a resident No. 606 Purok
Bougainville, Brgy. Punta, Ormoc City, Leyte;

RODERICO R. BISNAR, of legal age, Filipino, married and a resident of Brgy. San
Isidro, Ormoc City, Leyte;

ANTONIO R. BISNAR, of legal age, Filipino, married and a resident of No. 606
Purok Bougainville, Brgy. Punta, Ormoc City, Leyte;

CARLA R. BISNAR, of legal age, Filipino, single and a resident of No. 606 Purok
Bougainville, Brgy. Punta, Ormoc City, Leyte; and

JUDY BISNAR-DUETES, of legal ages, Filipino, married and a resident also of No.
606 Purok Bougainville, Brgy. Punta, Ormoc City, Leyte.

WITNESSETH:

That the above-named parties are the surviving compulsory heirs, the wife and
children, respectively, of the late ODELON C. BISNAR who died intestate in Ormoc City,
Leyte, on April 13,1992 without any will or testament and without any outstanding debts
in favor of anybody or entity;

That during the lifetime of the late ODELON C. BISNAR, he co-owned a real
property located in Ormoc City, which is particularly described as follows, to wit:

“A parcel of land designated as Cadastral Lot No. 2269-B-2 situated in Brgy.


Punta, Ormoc City, with the residential house built thereon containing an area of
TWO HUNDRED TWELVE (212) square meters, more or less, and covered by
Transfer Certificate of Title No. 11710 with Tax Declaration No. 00095-00240 R11”

That pursuant to Rule 74, Section 1 of the Rules of Court, the heirs hereto do
hereby agree and covenant to divide, partition, and adjudicate, as they hereby divide,
partition and adjudicate among themselves equally, share and share alike, the above-
described real property including the improvements thereon, free from all liens and
encumbrances;

That for the in consideration of the love and affection ADELA R. BISNAR has to
her children, she hereby WAIVE, FOREGO and RENOUNCE all her rights and interests
over the above-mentioned parcel of land in favor of JENNIFER R. BISNAR, RODERICO

1
R. BISNAR, ANTONIO R. BISNAR, CARLA R. BISNAR, and JUDY BISNAR-DUETES,
share and share alike.

That JENNIFER R. BISNAR, RODERICO R. BISNAR, ANTONIO R. BISNAR,


CARLA R. BISNAR, and JUDY BISNAR-DUETES do herby accept this waiver of ADELA
R. BISNAR in their favor over the above-described real property and expresses their
sincere thanks and liberality for the kindness and liberality of their mother.

IN WITNESS WHEREOF, we hereby affix our signatures this _____ day of


___________________ at ___________________.

HEIRS;

ADELA R. BISNAR JENNIFER R. BISNAR


TIN No. 136-295-386

RODERICO R. BISNAR ANTONIO R. BISNAR


PRC No. 0071105 Voter’s ID No. 3738-0306B-
02169ARB1000-6

CARLA R. BISNAR JUDY BISNAR-DUETES


TIN No. 932-308-418

Witnesses : __________________________ ____________________________

ACKNOWLEDGMENT

Republic of the Philippines }


_______________________ } S.S.

BEFORE ME, this _____ day of ___________________, personally appeared the above-
named persons with their corresponding identifications mentioned below their names,
known to me to be the same persons who executed the foregoing Extrajudicial
Settlement of Estate consisting of two (2) pages including this page where the
Acknowledgment is written, and who acknowledged to me that the same is their free
and voluntary act and deed.
IN WITNESS WHEREOF, I have placed my hand and seal on the date and at the
place first above-written.

Doc. No.: ______


Page No.: ______
Book No.: ______
Series of 2023

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