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What is Compromise Agreement for Land Dispute about?

This compromise agreement is between a plaintiff and defendant regarding a land dispute over a parcel of land. The plaintiff had filed a case for recovery of possession and damages against the defendant. Both parties now wish to settle the matter to avoid further litigation. Under the agreement, the defendant will pay the plaintiff PHP150,000 in exchange for the plaintiff executing a deed transferring ownership of the land to the defendant. Upon payment and execution of the deed, the parties will seek court

Author

Jhoey Castillo Bueno

Language

EN