I just want to ask about Extra judical settlement,
This is the matter...
My Mother is one of the hier in a small piece of land where our house is located, also in that small piece of land our relatives also resides within it...
My Mom, and my aunt is the remaining hiers (First Generetion), and because the other first generation hiers died, they past their piece of land to their Sons and Daughters
Now when my Mother's nephew died (also residing in the piece of land where our house is located) , his remaining brother decides to sell the their share of the property to us...which we accept as our land space where our house is located is very small
Then when the remaining hiers heard that one of the hiers sell their share to us they immediately approach us to sell their property as well...
I immediately make a statement of agreement where it is stated that they already sell their share to us, that they don't have anymore rights to the said piece of land,...they signed the agreement witnessed by one of Barangay Kagawad in our place and Brgy. Captain aswell, I also Video Record the agreement.
Now my question is this
1. Does this serve as a Extra-judical settlement by Philippine Law?
2. Do they still have rights in the said piece of land despite having signed the agreement
3. How can we transfer the land title to ours (we have the OCT )
Thank you very much in advance to your answers!!!
God Bless us all!