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Compromise Agreement: Agreement To Buy Respective Area From Survey Claimant Alfredo Rambac JR
Compromise Agreement: Agreement To Buy Respective Area From Survey Claimant Alfredo Rambac JR
Compromise Agreement: Agreement To Buy Respective Area From Survey Claimant Alfredo Rambac JR
This Agreement executed this 16th day of June 2020 at DENR CENRO-
Cabagan, Cabagan, Isabela, by and between:
REYNIDA T. SARMIENTO, Filipino, married, of legal age with address
at Masipi East, Cabagan, Isabela, (hereinafter referred to as “protestant”);
WITNESSETH: That -
WHEREAS, the parties desire to buy peace and wish to avoid a protracted
litigation in this case.
b. Intervenor JUN DIAMSAY shall likewise buy his actual occupation and
possession of 4, 000 square meters, more or less, from respondent in the
amount of Twenty Thousand Pesos (P20, 000.00) Philippine Currency
which shall paid and made in two installments following the cropping
season, although the former is not prohibited from paying the latter in
advance for the full amount on or before the said cropping seasons;
c. The respondent shall respect the rights of the said intervenors and shall
execute necessary documents for the titling process of the respective area of
the latter. The titling of these areas shall depend on its legal possibility (lot
is classified as alienable and disposable);
2. The signatories to this Agreement hereby represent and warrant that they
are duly authorized to execute this Agreement.
3. The parties or their assigns hereby waive, renounce and forever quitclaim
all their respective claims and counterclaims subject of the instant action as well
as those that may arise therefrom, in connection therewith or in relation thereto.
4. The foregoing covenants are not contrary to law, morals, or public policy
and the parties bind themselves to comply strictly with their undertakings.
WITNESS MY HAND AND SEAL, on the date and place first above written.