This Sample Deed of Extrajudicial Settlement of Estate (Motor Vehicle) with Waiver of Rights is done when there are two or more heirs, and one or more heirs are waiving their rights to the motor vehicle in favor of the other heirs.                 

  Saan ginagamit itong document na ito? Continue reading sa baba, below the copy of the SAMPLE DEED.

 

             DEED OF EXTRAJUDICIAL SETTLEMENT OF 

          ESTATE (MOTOR VEHICLE) WITH WAIVER OF RIGHTS

 

KNOW ALL MEN BY THESE PRESENTS:

 

          This AGREEMENT made and entered into this 15th day of October 2022 by and between:

MARIA LOPEZ CRUZ, of legal age, Filipino, widow, and with residence and postal address at Block 2 Lot 15 Masinop St, Adella Homes Phase 1, Santa Lucia, Novaliches, Quezon City, Metro Manila, 1117;

                                                                    and

SHANNON CRUZ SY, of legal age, Filipino, married, and with residence and postal address at the same above address, Block 2 Lot 15 Masinop St, Adella Homes Phase 1, Santa Lucia, Novaliches, Quezon City, Metro Manila, 1117;

       

        WITNESSETH:

        

        THAT we, MARIA LOPEZ CRUZ and SHANNON CRUZ SY, respectively the wife and the only child of deceased JOHNNY MARANI CRUZ, are the sole heirs of said deceased who died on March 9, 2021 in Pasig City; copies of his death certificate, our marriage certificate and our daughter’s birth certificate are hereto attached;

       

        THAT said deceased died without any will or testament and without any outstanding debts in favor of any person or entity;

        

        THAT said deceased, at the time of his death, is the registered owner of one motor vehicle, purchased and registered in Caloocan City and presently being used from, around, and to Quezon City, and more particularly described as follows:

 

Make/Series/Body Type:  Toyota Fortuner 4x2 Sport Utility Vehicle

Year Model:  2014

Plate No.:  VVV 000

Color: Dark Steel Mica

Fuel: Diesel

Chassis No.: MHFXRXXG703046XXX 

Engine No.: 2XDUXX6927

CR No.: X790XX89-5

 

        THAT we, being with full capacity to execute an extrajudicial settlement for the motor vehicle described above, we do hereby agree between ourselves that I, MARIA LOPEZ CRUZ, waive and renounce all my rights to the motor vehicle described above in favor of SHANNON CRUZ SY, thereby enabling the process of the transfer of ownership of said motor vehicle from deceased JOHNNY MARANI CRUZ to SHANNON CRUZ SY.

 

          IN WITNESSS WHEREOF, we have hereunto signed this AGREEMENT, this 15th day of October 2022 in QUEZON CITY, Philippines.

                       

                     THE SOLE HEIRS OF JOHNNY MARANI CRUZ:

              

                 MARIA LOPEZ CRUZ                           SHANNON CRUZ SY

 

 

                                                 ACKNOWLEDGMENT

 

Republic of the Philippines)

Quezon City                 ) S.S.

 

BEFORE ME, a Notary Public, for and in Quezon City, this 15th day of October 2022 personally appeared:

 

                         Name                                Identification Card       

 

             MARIA LOPEZ CRUZ            SSS CRN No. 0000-0000090-0

             SHANNON CRUZ SY             Driver’s License No.N26-00-020050

                                                                       valid until 5/15/2032     

 

all known to me to be the same persons who executed the foregoing instrument and hereby acknowledged to me that the same is their free and voluntary act and deed.

   

    This instrument consisting of two (2) pages, including this page on which this acknowledgment is written refers to an EXTRAJUDICIAL SETTLEMENT OF ESTATE (MOTOR VEHICLE) WITH WAIVER OF RIGHTS and has been signed by the parties and sealed with my notarial seal.

 

               WITNESS MY HAND AND NOTARIAL SEAL.

 

Doc. No. ____

Page No. ____

Book No. ____

Series of XXXX.

 

Anong Purpose ng Deed of Extrajudicial Settlement of Estate (Motor Vehicle)?

Itong Deed of Extrajudicial Settlement of Estate (Motor Vehicle) ay isa sa mga documents na kelangan para mai-transfer ang sasakyan mula sa pangalan ng owner na pumanaw na.

Dapat i-transfer ito sa mga tagapagmana. 

Kung ibebenta ang sasakyan,puede na ring isabay ang pagbenta dito sa Deed of Settlement. Idagdag lang ang "with Deed of Sale" sa title ng document. 

Ang "Waiver of Rights" ay idagdag din sa title kung merong tagapagmana na hindi na kukunin ang kanyang parte sa sasakyan at ibigay na lang sa mga ibang tagapagmana.

Totoo ba na Kelangan pang I-publish itong Deed of Extrajudicial Settlement sa Newspaper?

Yes, totoo. Kelangang i-publish sa newspaper for once a week for 3 consecutive weeks.Puedeng every Sunday, or every Monday or every Friday or any day (but the same day) for 3 weeks. 

Kelangan na ang dyaryo ay newspaper of general circulation. Ibig sabihin itong dyaryo ay pina-publish at least once a week, nagpa-publish ng local news and information for the general public at merong subscribers (merong bumibili). 

This means hindi puede sa dyaryo na libre, o newsletter para sa isang organisasyon lang o para sa isang barangay o munisipyo lang.

Hindi rin puede ang dyaryo na sa online lang napa-publish. Kelangang printed and distributed.

Meron ba akong alam na mura lang ang singil sa pagpa-publish?

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Yong mga mas popular na newspaper ay malayong mahal, alam nio na. 10k pesos na siguro yong minimum nila.

Kasama na sa bayad ang Proof of Publication at 3 issues of newspaper.

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