Deed of Extrajudicial Settlement of Estate
Republic of the Philippines · Rule 74 engineering draft · Template v0.2.0
DECLARATIONS AND AGREEMENT
We, Elena Villanueva-Ramos, Filipino, of legal age, married to Paolo Ramos, TIN 234-567-890-000, residing at 14 Kamagong Street, Barangay Pinyahan, Quezon City 1100, the decedent's daughter (legitimate child of the decedent); Marco Antonio Cruz Villanueva, Filipino, of legal age, single, TIN 345-678-901-000, residing at Unit 5C, Narra Residences, Mandaluyong City 1550, the decedent's son (legitimate child of the decedent), declare and agree:
1. Ramon Cruz Villanueva, Filipino, TIN 123-456-789-000, died intestate on March 4, 2026 at Quezon City, with last legal domicile at 27 Molave Street, Barangay Pinyahan, Quezon City 1100. No will or codicil was found after the documented search, and no probate or administration proceeding is known to be pending.
2. The certified death record is: PSA-issued certified death certificate, Registry No. 2026-0412, Civil Registry of Quezon City. The decedent's civil status at death was widowed. The decedent's spouse, Teresita Santos Villanueva, died before the decedent, and that spouse's estate, including the liquidation of the property of that marriage, was settled as follows: The estate of Teresita Santos Villanueva, who died on 10 July 2019, including the liquidation of the conjugal partnership, was settled by a Deed of Extrajudicial Settlement notarized in Quezon City on 14 February 2020, with estate tax paid and the BIR eCAR issued on 2 June 2020.. Only property that belonged to the decedent at death, including the decedent's share in the former marriage's property and any share the decedent received from the late spouse's estate, is settled here.
3. We are all the verified intestate heirs, all of legal age. The complete succession and representation basis is: The decedent was a widower who died intestate and was survived by his two legitimate children, who inherit in equal shares by intestate succession.. The primary records are: PSA birth certificates of both children, the PSA marriage certificate of the decedent and his late spouse, and the PSA death certificate of the late spouse..
4. The debt investigation was: The heirs reviewed bank, credit-card, utility, and tax records, made inquiries with known creditors, and searched court records in Quezon City.. Supporting proof is: Paid-in-full certificates, official receipts, and a barangay and court clearance retained by the heirs.. The estate has no outstanding debt requiring administration; this statement does not extinguish a valid claim of a creditor or nonparticipant protected by Rule 74.
5. The estate assets are fully described in the schedules below from current title, tax, issuer, valuation and possession records. Known liens and restrictions are: None known after current registry and creditor review..
SCHEDULE A — REAL PROPERTY
Residential lot and house at 27 Molave Street, Quezon City, Transfer Certificate of Title No. 0012345, about 180 square meters, registered in the decedent's name and free of mortgage.
Schedule A covers one (1) parcel of land.
SCHEDULE B — OTHER PERSONAL PROPERTY
Household furniture, appliances, and jewelry, valued in the heirs' inventory at the date of death.
Value of the other personal property: ₱400,000.00.
SCHEDULE C — FINANCIAL ASSETS
Savings account no. ending 4821 at Bayanihan Savings Bank, Quezon City branch.
Date-of-death value of the financial assets: ₱850,000.00.
ADJUDICATION AND PARTITION
We adjudicate and partition the entire net estate according to this asset-by-asset plan: The Quezon City lot and house are adjudicated one-half to each heir as co-owners pro indiviso; the bank deposit and personal property are divided equally.. The resulting shares are 50% to Elena Villanueva-Ramos; 50% to Marco Antonio Cruz Villanueva.
This instrument does not transfer the surviving spouse's separate share, another person's property, an omitted asset, or an interest subject to a separate required conveyance/approval merely by describing it here.
No separate sale, donation, gratuitous waiver, or equalization payment is represented as occurring outside the shares and asset partition expressly stated above.
PUBLICATION, BOND, TAX AND REGISTRATION
The fact of this extrajudicial settlement will be published once a week for three consecutive weeks in Balita Metro Weekly, a newspaper of general circulation in the province where the decedent last resided. Publication does not bind a person who did not participate or had no notice beyond what law permits.
The total value of all personal property of the estate, including the financial assets, vehicles, shares and business interests, and other personal property in the schedules above, is ₱1,250,000.00, as certified under oath by the undersigned heirs. A bond in that amount will be filed with the Registry of Deeds simultaneously with, and as a condition precedent to, the filing of this instrument, conditioned on the payment of any just claim under Rule 74, Section 4.
The estate-tax return has been filed and the estate tax paid. The parties' application for the BIR electronic Certificate Authorizing Registration (eCAR) is being processed. Applicable Revenue District Office: BIR Revenue District Office covering the decedent's last domicile in Quezon City.
After tax clearance/eCAR, the parties will complete: Obtain the BIR eCAR, local transfer-tax clearance, Registry of Deeds transfer, assessor update, and each asset issuer's transfer approval.. Relevant Registry of Deeds: Registry of Deeds of Quezon City.