Practice question
May qualified agreeing heirs use Rule 74 Section 1 without first securing letters of administration?
- No; letters are invariably required before every such agreement.
- No; an executor must always sell every asset.
- Yes, when its conditions are satisfied.
- No; only a creditor can propose division.
- No; intestate estates can never be settled extrajudicially.
Legal references
- Rules of Court, Rule 74 Section 1 and its publication cross-reference to Section 2: https://lawphil.net/courts/supreme/rc/rc_72-109_proceedings.html
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