Compromise Agreement
Compromise Agreement
Compromise Agreement
This compromise and settlement agreement is made by and between __________ [name of claimant],
(who will be referred to as plaintiff), whose address is __________, and __________[name of party
against whom claim is made], (who will be referred to as defendant), whose address is __________.
1. Plaintiff asserts a claim against defendant based on __________ [identify dispute by describing
pertinent facts].
2. An action based on this claim is now pending in the Superior Court of __________ County, case
number __________, with plaintiff represented by attorney __________, and defendant represented by
attorney __________.
This Agreement executed this 31st day of October, 2013 at Makati, Metro
Manila, by and between:
-and-
WITNESSETH: That -
WHEREAS, the parties desire to buy peace and wish to avoid a protracted
litigation in this case.
3. This Compromise Agreement shall not affect nor prejudice any case or
cases between the parties not specifically referred to herein.
_________________________ ________
_________________
Plaintiff Defendant
Signed in the presence of:
_____________________________ ______________
________________
Parties assisted by their respective counsels, most respectfully submit the
foregoing compromise agreement, the terms and conditions of which are:
1. That they now wish to put an end to the following legal cases
now pending before the various courts and forum, namely:
(d) Criminal Case No. 5500 (Estafa) now pending before RTC,
Branch 13, Ligao City.
(f) Petition before the Supreme Court in G.R. No. 185095 entitled
Ma. Susan L. Raola, et al. vs. Sps. Fernando and Ma. Concepcion Raola.
(g) And all other cases necessarily connected with or arising from
the various causes of action between and among the parties to these
cases. For this purpose and to this end, parties agree to submit copies of
this agreement to the various courts, government agencies and forum
before which the said actions/proceedings are pending so that the
corresponding orders of dismissal may already be promulgated and issued.
2. That Lot No. 759-B, covered by TCT No. 129660 of the Register
of Deeds of Ligao City and presently registered in the exclusive names of
the spouses FERNANDO & MA. CONCEPCION M. RAOLA, shall be
divided into two, which shall be apportioned as follows: a portion of Lot.
759-B, with an area of 35,109 square meters (including all improvements
and structures thereon found) shall remain to be the property of and titled
to the spouses FERNANDO & MA. CONCEPCION M. RAOLA, while
the property with an area of 34,153 square meters, including the structures
thereon found and improvements existing thereon shall be ceded to
DIOKLAN L. RAOLA and ROSETTE L. RAOLA, as specified in the
provisional sketch plan herewith attached to become [an] integral part
hereof; provided that, within 30 days from the approval of this
Compromise Agreement, a duly licensed geodetic engineer shall relocate
Lot 759-B and prepare a subdivision plan and have the same approved by
the Lands Management Bureau of the DENR which shall be the basis for
the division and issuance of separate certificates of title over the same
property. Expenses to be incurred for this shall be for the account of the
spouses Fernando & Ma. Concepcion M. Raola.
6. The steel bars found at the gestating and farrowing building shall
be taken therefrom without danger to the buildings structures and be given
to MA. SUSAN, DIOKLAN & ROSETTE, all surnamed RAOLA.
12. The parties hereby waive all claims and counterclaim they may
have as against each other, whether present, real or inchoate, and vow to
abide by the terms and conditions herein stated and agreed upon. It is the
essence of this agreement that the parties endeavor to maintain and bring
back the good familial relations between and among them; to this end, the
parties shall not file any action or proceedings as against each other rooted
upon or connected with the issues raised in the enumerated cases in
paragraph 1 hereof.
Assisted by:
(signed) (signed)
Atty. JOSE VICENTE D. FERNANDEZ Atty. RAMIRO BORRES, JR.
(signed) (signed)
FERNANDO O. RAOLA MA. CONCEPCION M. RAOLA
Defendant Defendant
Assisted by:
(signed)
AVELINO V. SALES, JR.
For Himself and as counsel for the spouses
(signed)
ROSITA R. MILANTE
Defendant
(signed)
Atty. AILEEN ZAMORA
For Herself and as counsel of Ms. Milante