Practice question
A client claims an extrajudicial-settlement deed makes all estate land immediately immune from creditors and deprived heirs, even when transferred to a buyer. Explain the qualified protection and liabilities under Rule 74, sections 1 and 4, without stating an absolute deadline for every excluded person's claim.
Legal references
- https://lawphil.net/courts/supreme/rc/rc_72-109_proceedings.html — Rules of Court, Rule 74, sections 1–5.
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