deed of liquidation of inheritance

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----------------DEED OF LIQUIDATION OF INHERITANCE------------------------------------------------------------------------------------------------------------ _______________________, Puerto Rico,___________________
-------------------------------------BEFORE ME------------------------------------
---Notary Public in Puerto Rico, with residence at _____________ and
offices at _________________________, Puerto Rico.---------------------------------------------------------------APPEAR--------------------------------------- AS PARTY OF THE FIRST PART: _________________________
_________________ of legal age, widower, retired and resident of
_________, Puerto Rico.-------------------AS PARTY OF THE SECOND PART: _____________________
of legal age, and resident of ___________________, Puerto Rico;
and married to __________,of legal age, ________and resident of
_____________, Puerto Rico.-------------------------------------------------------AS PARTY OF THE THIRD PART: _________________________
of legal age and resident of ___________,
Puerto
Rico;
and
married to _____________, of legal age, and resident __________of
Puerto Rico.-----------------------AS PARTY OF THE FOURTH PART:____________________
of legal age, social Security number ___________and resident of
___________, Puerto
Rico; and
married
to _____________,
of legal age, and resident __________of Puerto Rico.-----------------------The appearing parties assure me that they are in the full exercise
of their civil rights, without anything to the contrary being known to
me, and being in my judgment legally competent to execute this
document, they freely,
-------------------------------------SET FORTH----------------------------------------FIRST: The parties of the FIRST, SECOND, THIRD and FOURTH
PARTS are the sole heirs of the deceased ______________,
as evidenced by the Resolution issued by the Superior Court of
Puerto Rico at __________________, Civil case No. _______.----------SECOND: The deceased _____________________________ was
the owner and titleholder of the following property: ------------------------(DESCRIPCIÓN del INMUEBLE Y/O BIENES A DIVIDIR)
---THIRD:
The FIRST, SECOND and FOURTH PARTS have
received their share of the property belonging to the inheritance of the
deceased and have agreed to the transfer of their interest in the
property herein described to the THIRD PART.------------------------------
----------------------------------------APPRAISAL-----------------------------------
---The property object of this deed has been appraised by the
appearing parties in the amount of __________________ DOLLARS
($
).
---------------------------------------MORTGAGE-----------------------------------
---The parties state that the aforementioned property is free from any
debt of lien not expressly mentioned in this document and expressly
agree to satisfy any and all state or municipal property taxes which
might be due up until the date of this document being understood that
all of those state or municipal taxes assessed and due from and
including the date of this agreement shall be satisfied in full by the
THIRD PART. ------------------------------------------------------------------------FOURTH: The expenses of the original of this deed, including the
notary's fees, and legal fees for said original document will be
satisfied in full by the FIRST, SECOND, THIRD and FOURTH
PARTS.-----------------------------------------------------------------------------------The expenses of the first certified copy of this deed, including the
notary's fees and legal fees for said document, as well as all
recordation fees, will be satisfied in full by the THIRD PART.---------------------------------------------CONSIDERATION-------------------------------
---FIFTH: The FIRST, SECOND and FOURTH PARTS each one
individually acknowledges the receipt of property belonging to the
inheritance consisting of ____________________DOLLARS ($
)
for and in consideration of the property herein described which will be
received by the party of the THIRD PART, the receipt whereof is
hereby acknowledged, has granted, bargained and transfered to the
THIRD PART, her heirs and assigns forever, the following described
as described above.
-------------------------ACCEPTANCE AND EXECUTION-----------------------The appearing parties agree with the particulars of this deed,
having been prepared according to their wishes and instructions,
further expressing their acceptance to its terms.-------------------------------The executing parties were given all of the pertaining legal
admonitions, including the right to have two witnesses execute with
them this public instrument, a right which has been waived and set
aside by all parties.--------------------------------------------------------------------This deed has been read by the appearing parties exercising the
right they had to do so, they ratify themselves in its contents and they
sign together with me, also placing their initials on each page of this
deed as required by law. ------------------------------------------------------------The FIRST PART appears on this document personally and as
attorney in fact of the THIRD PART, duly acredited the fact by the
deed
number
executed
at
_______,
Puerto
Rico,
on
____________________ before the Notary Public______________,
which allows him to act on behalf of the THIRD PART as to the
inheritance of her deceased mother, ______________________, as
recorded before the Registry of Testaments and Powers of Attorney
at _________________________. ------------------------------------------I, the notary, attest that I personally know and have identified
the appearing parties pursuant to applicable law, and on their
information and belief, as to their ages, civil status, professions and
residence, and I further attest to everything else said or expressed
in this document. ---------------------------------------------------------------
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