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What is judicial settlement?

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1 What is judicial settlement? on Tue Oct 11, 2016 5:23 pm

KIDBUKID


Arresto Menor
Good day.
Would just like to ask what is the purpose of judicial settlement, is this the standard / legal / proper way? Thank you.

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2 Re: What is judicial settlement? on Tue Oct 11, 2016 10:43 pm

Lunkan


Reclusion Perpetua
It can be when people DISAGREE about something important enough to bother to get a juridical decision.

But it can be too when the involved AGREE, but inheritance ownership need to be juridIcaL CLEARIFIED for instance to decide tax
or make sure who are hiers to make sure for a third party =the buyer when the hiers want to sell. Then it's called "extra juridical".
This is common, but better if it would be more common Smile because then it would be less mess/fights about real estates generations later...

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3 Re: What is judicial settlement? on Wed Oct 12, 2016 8:46 am

KIDBUKID


Arresto Menor
Lunkan wrote:It can be when people DISAGREE about something important enough to bother to get a juridical decision.

But it can be too when the involved AGREE, but inheritance ownership need to be juridIcaL CLEARIFIED for instance to decide tax
or make sure who are hiers to make sure for a third party =the buyer when the hiers want to sell. Then it's called "extra juridical".  
This is common, but better if it would be more common  Smile because then it would be less mess/fights about real estates generations later...

Thank you!
My mom asked me to do research n judicial settlement, as her sister is processing it for their inherited land from their parents.

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4 Re: What is judicial settlement? on Wed Oct 12, 2016 12:54 pm

Lunkan


Reclusion Perpetua
KIDBUKID wrote: Thank you!
My mom asked me to do research n judicial settlement, as her sister is processing it for their inherited land from their parents.
Then it's the "EXTRA juridical" type.

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