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Extrajudicial Settlement

of Estate of Juan dela Cruz

Know All Men By These Presents:

This instrumentis made and entered into this 1st day of January 20XX in Quezon City, by and among:

Juana dela Cruz, widow of the late Juan dela Cruz, of legal age, Filipino, and residing at No. 1, San Pedro, Quezon City;

Jose dela Cruz, son of the late Juan dela Cruz, of legal age, Filipino, single, and residing at No. 1, San Pedro, Quezon City;

Maria dela Cruz, daughter of the late Juan dela Cruz, of legal age, Filipino, single, and residing at No. 1, San Pedro, Quezon City;

Witnesseth:

Whereas, we are the legal heirs of the deceased Juan dela Cruz who died on December 20, 20XX at No. 1, San Pedro, Quezon City;

Whereas, Juan dela Cruz died intestate, without Will or Testament, and there are no known debts in favor of any person or entity at the time of the execution of this instrument;

Whereas,Juan dela Cruz left the following properties:

(i)a parcel of land with an area of 100sqm. situated atNo. 1, San Pedro, Quezon City and covered by TCT no. 001-2345678999 of the Registry of Deeds for Quezon City and Tax Declaration no. E-001-23456 of the Quezon City Assessor;

(ii)9,000 common shares of ABC Corporation at P100.00 per share covered by stock certificate no. 001;

Whereas, pursuant to Rule 74, Sec. 1 of the Revised Rules of Court of thePhilippines, and being with full capacity to contract, we do hereby adjudicate unto ourselves the properties described above, in the following manner:

  1. To Juana dela Cruz

(i)one-third (1/3) co-ownership interest to the parcel of land with an area of 100 sqm. situated atNo. 1, San Pedro, Quezon City and covered by TCT no. 001-2345678999 of the Registry of Deeds for Quezon City and Tax Declaration no. E-001-23456 of the Quezon City Assessor;

(ii)3,000 common shares of ABC Corporation at P100.00 per share covered by stock certificate no. 001;

  1. To Jose dela Cruz

(i)one-third (1/3) co-ownership interest to the parcel of land with an area of 100 sqm. situated at No. 1, San Pedro, Quezon City and covered by TCT no. 001-2345678999 of the Registry of Deeds for Quezon City and Tax Declaration no. E-001-23456 of the Quezon City Assessor;

(ii)3,000 common shares of ABC Corporation at P100.00 per share covered by stock certificate no. 001;

  1. To Maria dela Cruz

(i)one-third (1/3) co-ownership interest to the parcel of land with an area of 100 sqm. situated at No. 1, San Pedro, Quezon City and covered by TCT no. 001-2345678999 of the Registry of Deeds for Quezon City and Tax Declaration no. E-001-23456 of the Quezon City Assessor;

(ii)3,000 common shares of ABC Corporation at P100.00 per share covered by stock certificate no. 001.

In Witness Whereof, we have hereunto executed this instrument on the date and in the place first abovewritten.

Juana dela Cruz

Jose dela Cruz

Maria dela Cruz

Signed in the presence of:

______

Acknowledgement

Before Me, a Notary Public, for and in Quezon City, this 1stday of January 20XX, personally appeared:

Name / Competent Evidenceof Identity
Juana dela Cruz
Jose dela Cruz
Maria dela Cruz

known to me and to me known to be the same persons who executed the foregoing Extrajudicial Settlement of Estate consisting of three (3) pages, including this page wherein the acknowledgment is written, signed by the parties and their instrumental witnesses on each and every page thereof, and they acknowledged to me that the same is their free and voluntary act and deed.

Witness My Hand and Seal on the date and at the place first above written.

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