EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

We, _____________ and _____________, of legal ages, (single / married / widow), residents of
_____________ and _____________, respectively, on our own volition, declare as follows:
1. That we are the legitimate children and sole heirs of the deceased _____________ who died
on _____________ at _____________, copy of his death certificate hereto attached as Annex
A;
2. That said deceased died intestate, without any Last Will or Testament, and without any
outstanding debts or accounts in favour of any person or entity;
3. That the said deceased left a certain parcel of land situated at __________ and covered by
Transfer Certificate of Title No. _____________ of the Register Deeds of ______ and more
particularly described as follows:
"(Insert the technical description of the property on the title) Example: A PARCEL OF
LAND (Lot 20 Blk 54 of consolidation subdivision plan (LRC) Pcs-13265, being a portion of the
consolidation of Lots 4751-A and 4751-B (LRC) Psd-50533, Lot 3, Psd-100703, Lot 1, Psd150980, LRC Rec. Nos. Nos. N-27024, 51768, 89632, N-11782, N-13466, and 21071 situated
in the Bo. of San Donisio, Mun of Paranaque, Prov of Rizal, Is. of Luzon. Bounded on NE.,
point 4 to 1 by Road Lot 22, on...to the point of beginning; containing an area of (280) square
meters more or less.

4. That the above-described parcel of land is not tenanted and does not come within the
operation of the Land Reform Code, the Comprehensive Agrarian Reform Program, and the
allied circulars of the Department of Agrarian Reform;
5. That pursuant to Section 1 of Rule 74 of the Revised Rules of Court of the Philippines, and
both being with full capacity to contract, we do hereby adjudicate unto ourselves the land
described above, in equal shares pro indiviso;
6. That FURTHER, and for and in consideration of the sum of _____________
(P_____________), Philippine Currency, receipt of which is hereby acknowledged by us to our
full and complete satisfaction, we do hereby SELL, CONVEY, and TRANSFER by way of
ABSOLUTE SALE unto _____________, (his/her) heirs, assigns and successors-in-interests, all
our rights, interests and participation over the above-described parcel of land;
7. That we hereby warrant our title unto the said _____ and that henceforth, he/she shall have
exclusive right of ownership and possession over said parcel of land, free from all liens and
encumbrances;
IN WITNESS WHEREOF, we have hereunto set our hands, this _____________ at
_____________, Philippines.

HEIR/SELLER
ACCEPTANCE OF SALE:

BUYER

HEIR/SELLER

SIGNED IN THE PRESENCE OF:

___________________________

__________________________

REPUBLIC OF THE PHILIPPINES)

CITY/MUNICIPALITY OF ______) S.S.

ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in the (Province/City/Municipality) of _____________,

personally appeared the following persons, with their respective Community Tax Certificates as
follows:
Name C.T.C. No. Date / Place Issued
1. ____________ _____________ _____________
2. _____________ _____________ _____________
3. _____________ _____________ _____________
all known to me and to me known to be the same persons who executed the foregoing
instrument which they acknowledged to me to be their free and voluntary act and deed,
consisting of only ______ (____) page/s, including this page in which this Acknowledgement is
written, duly signed by them and their instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this _____________ at _____________, Philippines.

NOTARY PUBLIC
Doc. No. ______;
Page No. ______;
Book No. ______;
Series of ______;