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Philippine Bar review · Question

Practice question: Extrajudicial Settlement (Rule 74)

Multiple Choice Medium

Practice question

Qualified heirs comply with Section1’s eligibility conditions but propose filing the public instrument now and the prescribed bond months later. Which is correct?
  1. The newspaper must supply the bond
  2. Eligibility abolishes every bond condition
  3. A promise always replaces filing
  4. That sequence conflicts with the simultaneous-filing condition
  5. Only a future buyer files it

Legal references

  • Rules74 and76–79, relevant procedural provisions (current competent court assumed, without obsolete court labels or monetary jurisdiction): https://lawphil.net/courts/rules/rc_72-109_proceedings.html

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