EXTRA-JUDICIAL
SETTLEMENT OF REAL ESTATE
WITH WAIVER AND
RENUNCIATION OF RIGHTS
KNOW ALL MEN BY THESE PRESENTS:
WHEREAS,
CECILIA LAUREL-SALAZAR, died intestate at Brgy. Poblacion 4, Talisay, Batangas
on February 13, 2000 leaving no will nor debts settled to date but leaving
three (3) parcels of land situated at Brgy. Miranda, Talisay, Batangas;
WHEREAS, at
the time of her death, she left as forced heirs, the following and to wit:
- JUANITO L. SALAZAR, married, of legal age, Filipino citizen and a resident of Brgy. Poblacion 4, Talisay, Batangas;
- MILAGROS L. SALAZAR, single, of legal age, Filipino citizen and a resident of Brgy. Poblacion 4, Talisay, Batangas;
- HERMOGENES L. SALAZAR, married to Ma. Teresa Lacanlale, of legal age, Filipino citizen and a resident of Brgy. Poblacion 4, Talisay, Batangas;
WHEREAS, they
are all her legal heirs by reason of the fact that they are all her legitimate children
and who are supposed to inherit by way of intestate succession;
WHEREAS, at the
time of her death, she left three (3) parcels of land together with improvement
thereon and more particularly described and bounded as follows:
“A
parcel of residential land situated at Brgy. Miranda, Talisay, Batangas
containing an area of Four Hundred Twenty Nine (429) Square Meters, more or
less; bounded on the North by Willie Revillame; on the East by Bo. Road; on the
South by Pedro Laurel; and on the West by Coco Martin; covered by Tax
Declaration No. 014-01724 of the Assessor’s Office of Talisay, Batangas with an
assessed value of P18,020.00”
“A
parcel of agricultural land situated at Brgy. Miranda, Talisay, Batangas
containing an area of Three Thousand Five Hundred Seventy Two (3,572) Square
Meters, more or less; bounded on the North by Piolo Pascual; on the East by Sharon
Cuneta; on the South by Benigno Aquino; and on the West by Charo Santos;
covered by Tax Declaration No. 014-02417 of the Assessor’s Office of Talisay,
Batangas with an assessed value of P16,780.00”
“ A
portion on a parcel of agricultural land situated at Brgy. Miranda, Talisay,
Batangas containing an area of One Thousand Five Hundred (1,500) Square Meters,
more or less; bounded on the North by Mitche Mae Rojas; on the East by Bo.
Road; on the South by Camille Rojas; and on the West by Bignay River; covered
by Tax Declaration No. 013-02013 of the Assessor’s Office of Talisay, Batangas
with assessed value of P7,050.00”
WHEREAS, in view of the above facts and circumstances, we are therefore
co-owners and to terminate co-ownership over the same, we hereby adjudicate
over the same in pro-indiviso sharing pursuant to Section 1, Rule 74 of the
Rules of Court of the Philippines, subject to the liabilities imposed by
Section 4, of the same Rule;
WAIVER OF RIGHTS
WHEREAS,
I, JUANITO L. SALAZAR (whose personal circumstances is mentioned above) have
agreed and covenanted to CEDE, TRANSFER and CONVEY unto my co-heirs MILAGROS L.
SALAZAR and HERMOGENES L. SALAZAR (whose personal circumstances are mentioned
above), their heirs and assigns the full ownership and possession of the
above-described properties.
NOW,
THEREFORE, for and in consideration of the foregoing premises, I waived and renounced,
as by these presents I hereby WAIVE and RENOUNCE my share, right and
participation over the above-described properties.
That
the above-described properties has not yet been registered under Act 496 nor
under the Spanish Mortgage Law and that the herein parties do hereby agree to
register this instrument under the provision of Act 3344, as amended.
IN
WITNESS WHEREOF, we have hereunto set our hands, this____day of ___________, 2020 at City of Tanauan, Batangas, Philippines.
JUANITO L. SALAZAR MILAGROS SALAZAR HERMOGENES SALAZAR
SIGNED IN THE PRESENCE OF:
1. __________________________ 2.
____________________________
REPUBLIC OF THE PHILIPPINES )
CITY OF TANAUAN : S.S.
PROVINCE OF BATANGAS )
BEFORE ME, a Notary
Public for and in the City above-stated, this ____day of __________, 2020
appeared the following persons with their Community Tax Certificate Nos. and to
wit:
Name CTC No. Date of Issue Place of Issue
Juanito L. Salazar 15181724 January 25, 2000 Talisay,
Batangas
Milagros L. Salazar 15181725 January 25, 2000 Talisay,
Batangas
Hermogenes Salazar 15181726 January 25, 2000 Talisay,
Batangas
and claim to me that they are the very same persons who executed the
foregoing instrument and acknowledge to before me that the same are their free
act and voluntary deed.
I HEREBY CERTIFY that this instrument which
pertains to an Extra-Judicial Settlement of Real Estate with Waiver and
Renunciation of Rights consist of two (2) pages including this page have been
signed by the parties and their two (2) instrumental witnesses on the left hand
margin of each of the first and second page and on the top of their typewritten
names of each of the second page.
WITNESS MY HAND AND
NOTARIAL SEAL on the date and place first above-written.
Doc. No. _______
Page No. _______
Book No. _______
Series of 2020
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