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Extra Judicial Settlement

This document summarizes an extra-judicial settlement of the estate of the late Buenaventura Estaurn Tabalon. It lists the heirs, properties owned, and distribution agreement. The heirs agree to divide the real properties equally and assign the bank funds exclusively to one heir. The distribution is subject to contingencies for two years in accordance with legal procedures.

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0% found this document useful (0 votes)
337 views5 pages

Extra Judicial Settlement

This document summarizes an extra-judicial settlement of the estate of the late Buenaventura Estaurn Tabalon. It lists the heirs, properties owned, and distribution agreement. The heirs agree to divide the real properties equally and assign the bank funds exclusively to one heir. The distribution is subject to contingencies for two years in accordance with legal procedures.

Uploaded by

JudeRamos
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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EXTRA-JUDICIAL SETTLEMENT OF THE ESTATE

OF THE LATE BUENAVENTURA ESTAURA TABELON

KNOW ALL MEN BY THESE PRESENTS THAT:

This EXTRA-JUDICIAL SETTLEMENT of the Late BUENAVENTURA ESTAURA TABELON is


made and entered into by and among –

The Heirs of the late BUENAVENTURA ESTAURA TABELON, namely:

1. PRESCILA M. TABELON (wife of the decedent), of legal age, Filipino, widower and a
resident of Brgy. Tiniwisan,Butuan City, Philippines;

2. FREDELISA T. LEOPARDAS (daughter of the decedent), of legal age, Filipino, married to


JAY A. LEOPARDAS and a resident of Brgy. Tiniwisan, Butuan City, Philippines;

3. LOUIE M. TABELON (son of the decedent), of legal age, Filipino, married to MARIVIC
B .CUSTO and a resident of Brgy. Tiniwisan,Butuan City Philippines;

4. MICHELLE M. TABELON (daughter of the decedent), of legal age, Filipino, single and a
resident of Brgy. Tiniwisan, Butuan City, Philippines;

5. MARY GRACE T. TORRALBA (deceased-daughter of the decedent), represented by her


spouse, JOEL P. TORRALBA, of legal age, Filipino and a resident of Brgy. Tiniwsan,
Butuan City and JOACHIM GABRIELLE T. TORRALBA (son of the deceased Mary Grace
T. Torralba) and JULIAN JAMES T. TORRALBA (son of the deceased Mary Grace T.
Torralba, both are minors, Filipino and a residents of Brgy. Tiniwisan, Butuan City, legally
represented by their father JOEL P. TORRALBA, of legal age, Filipino and a resident of
Brgy. Tiniwsan, Butuan City.

WITNESSETH:

WHEREAS, on April 20, 2019, BUENAVENTURA ESTAURA TABELON died intestate at Davao
Regional Medical Center, Apokon, Tagum City, Davao del Norte;

WHEREAS, the late BUENAVENTURA ESTAURA TABELON, hereinafter referred to as the


decedent, left a certain real and personal properties at the time of his death, to wit:

I. A parcel of land classified as AGRICULTURAL LAND with improvements situated at Brgy.


Tiniwisan, Butuan City, with an area of ONE (1) HECTARE, covered by Title no. RT-24727;
covered by Tax Declaration No. 08-11-0008-00297, more particularly described as follows:

OCT/TCT/CLOA No. : RT-24727


Tax Dec. No. : 08-11-0008-00297
Property Index No. : 162-11-0008-008-19
Lot No. :6
Area: : 1.0000 ha./s
Survey No. : Psd-10-015447
Boundaries -
North : NW Lot 7 South : SE Lot 5
East : NE Lots 63, Cad. 84 West : SW Road

II. A parcel of land classified as AGRICULTURAL LAND situated at Brgy. Tiniwisan, Butuan City,
with an area of ONE (1) HECTARE, covered by Tax Declaration No. 08-11-0008-00526, more
particularly described as follows:

Tax Dec. No. : 08-11-0008-00526


Property Index No. : 162-11-0008-011-22
Area: : 1.0000 ha./s
Boundaries -
North : Santiago Azote South : Juan Azote
East : Rosario del Monte West : H.O.Diego Plaza

III. A parcel of land classified as AGRICULTURAL LAND with improvements situated at Brgy.
Tiniwisan, Butuan City, with an area of THREE AND POINT FIFTY-THREE FORTY-FOUR
(3.5344) HECTARES, covered by Title no. T-15410; covered by Tax Declaration No. 08-11-
0008-01102, more particularly described as follows:

OCT/TCT/CLOA No. : T-15410


Tax Dec. No. : 08-11-0008-01102
Prop. Index No. : 162-11-0008-011-56
Lot No. :2
Area: : 3.5344 ha./s
Boundaries:
North : Lots 572 & 573 South : Lots 55 & 56
East : West : Lot 56

IV. A parcel of land classified as RESIDENTIAL situated at Brgy. Tiniwisan, Butuan City, with an
area of SEVENTY FIVE AND POINT TWENTY FIVE (75.25) SQUARE METERS, covered by
Tax Declaration No. 08-11-0008-00083, more particularly described as follows:

Tax Dec. No. : 08-11-0008-00083


Property Index No. : 162-11-0008-001-(51)-1002
Area: : 75.25 square meters
No. Of Storey(s): 1
Brief Description : A residential building constrcuted on the lot of Vicente
Novo under TD No. 11-0008-00081

V. A parcel of land classified as RESIDENTIAL situated at Brgy. Tiniwisan, Butuan City, with an
area of EIGHT HUNDRED THIRTY SIX AND POINT TWELVE (836.12) SQUARE METERS,
covered by Tax Declaration No. 08-11-0008-00086, more particularly described as follows:

Tax Dec. No. : 08-11-0008-00086


Property Index No. : 162-11-0008-001-(52)-1001
Area: : 836.12 square meters
No. Of Storey(s): 1
Brief Description : A residential building constructedon the lot of Louie M.
Tabelon under TD No. 11-0008-00085
VI. A parcel of land classified as COMMERCIAL situated at Brgy. Tiniwisan, Butuan City, with an
area of ONE HUNDRED SIXTEEN (116) SQUARE METERS, covered by Tax Declaration No.
08-11-0008-00087, more particularly described as follows:

Tax Dec. No. : 08-11-0008-00087


Property Index No. : 162-11-0008-001-(52)-1002(1)
Area: : 116 square meters
No. Of Storey(s): 1
Brief Description : A commercial building constructedon the lot of Louie M.
Tabelon under TD No. 11-0008-00085

VII. A parcel of land classified as AGRICULTURAL LAND situated at Brgy. Tiniwisan, Butuan City,
with an area of SIXTY (60) SQUARE METERS, covered by Tax Declaration No. 08-11-0008-
00088, more particularly described as follows:

Tax Dec. No. : 08-11-0008-00088


Property Index No. : 162-11-0008-001-(52)-1002(2)
Area: : 60 square meters
No. Of Storey(s): 1
Brief Description : An agricultural building constructedon the lot of Louie M.
Tabelon under TD No. 11-0008-00085

VIII. A parcel of land classified as RESIDENTIAL situated at Brgy. Tiniwisan, Butuan City, with an
area of SIX HUNDRED EIGHTEEN AND POINT THIRTY FIVE (618.35) SQUARE METERS,
covered by Tax Declaration No. 08-11-0008-03345, more particularly described as follows:

Tax Dec. No. : 08-11-0008-03345


Property Index No. : 162-11-0008-008-15-1001
Area: : 618.35 square meters
No. Of Storey(s): 2
Brief Description : A residential building constructedon the lot under TD No.
08-11-0008-00293

IX. Money/Cash in bank deposited on the Personal Savings Account of Buenaventura E. Tabelon
with First Valley Bank, Butuan City branch, with account No. ____________;

WHEREAS, the parties hereto are the SOLE and ONLY heirs of the decedent who are entitled to
succeed to his estate, they, being the decedent’s suriving WIFE AND CHILDREN;

WHEREAS, the decedent left no personal property;

WHEREAS, there are NO KNOWN DEBTS OR OBLIGATIONS DUE AGAINST THE ESTATE OF
SAID DECEDENT; and

WHEREAS, it is to the best interest of the parties hereto to divide, partition and adjudicate among
themselves the entire estate above described EXTRA-JUDICIALLY in the manner and form hereinafter set
forth;

NOW THEREFORE, for and in consideration of the foregoing premises and invoking the provision
of Section 1, Rule 74 of the Rules of Court, the parties hereto have agreed as they hereby do so agree to
divide, partition and adjudicate the above estate among themselves,
- ALL the REAL properties as identified and as aforementioned, PRO-INDIVISO (Equal
Sharing),

- Money/Cash in bank be ASSIGNED AND ADJUDICATED EXCLUSIVELY to FREDELISA T.


LEOPARDAS - authority is hereby expressly granted to Fredelisa T. Loepardas to transact,
process and sign any and all papers or documents for and in behalf of the heirs for the
withdrawal of the said money with the bank;

subject, however to contingent liabilities to creditors, heirs or other persons who might have been deprived
of lawful participation in the estate of the decedent, for a period of two years from and after the settlement
and distribution thereof, in accordance with the provision of Section 4, Rule 74 of the Rules of Court; and

That in the remote event that may any other property of the decedent should ever be found which
is not included herein above, the parties hereto further agree as they do so agree, to settle and distribute
the same in the like manner and proportion as herein established and disposed.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this ____ day of
______________, 2020 at Butuan City, Philippines.

PRESCILA M. TABELON FREDELISA T. LEOPARDAS


CEI_______________ CEI______________

LOUIE M. TABELON MICHELLE M. TABELON


CEI______________ CEI_______________

JOEL P. TORRALBA
Spouse of Mary Grace T. Torralba (deceased)
CEI_____________

JULIAN JAMES T. TORRALBA and


JOACHIM GABRIELLE T. TORRALBA,
Minor children of Mary Grace T. Torralba (deceased)

Represented by:

JOEL P. TORRALBA
Father / Legal Guardian
Spouse of Mary Grace T. Torralba (deceased)
CEI_____________

SIGNED IN THE PRESENCE OF:

_______________________ _______________________
CEI_____________ CEI_____________
ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF BUTUAN )S.S.
x---------------------------------------------/

Before Me, a Notary Public for and in Butuan City, this _________ day of _____________ 2020
personally appeared the aforementioned persons, who

_________ are personally known to me and


_________ exhibited competent evidences of identity as stated above

and known to me to be the same persons who executed the foregoing instrument which consists of FIVE
(5) pages including the pages on which the acknowledgments are written, and signed at the left margin of
each and every page by the parties executing this instrument and their witnesses, and sealed with my
notarial seal and they acknowledged to me that their signature on the instrument were freely and voluntarily
affixed by them for purposes stated therein.

WITNESS MY HAND AND SEAL on the date and on the place first above mentioned.

DOC. NO. : _____;


PAGE NO. : _____;
BOOK NO. : _____;
SERIES OF 2020. Notary Public

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