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Affidavit of Co-Ownership

Nilo A. Mercado affirms that he co-owns a residential property in Quezon City with his sister Aurea A. Mercado. They equally share ownership of the property and its obligations. Nilo executed this affidavit to inform authorities that the property and liabilities are jointly owned.
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75% found this document useful (12 votes)
12K views

Affidavit of Co-Ownership

Nilo A. Mercado affirms that he co-owns a residential property in Quezon City with his sister Aurea A. Mercado. They equally share ownership of the property and its obligations. Nilo executed this affidavit to inform authorities that the property and liabilities are jointly owned.
Copyright
© © All Rights Reserved
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AFFIDAVIT

That I, NILO A. MERCADO, of legal age, married, Filipino and a resident


of Davao City, Philippines, after having been duly sworn to in accordance
with law, depose and say the following:

That I am the co-owner of a residential land, including all


the improvements existing thereon, located at 81 E.
Abada, Loyola Heights, Quezon City, with my sister Aurea
A.Mercado;

That being co-owners, we share equally over the above-


mentioned properties, including all the encumbrances and
its obligations and liabilities to the Social Security System
and other governmental agencies;

That I am executing this affidavit to inform the proper


authorities concerned that the parcel of residential land,
including the residential house, together with all its
liabilities, is owned by me in co-ownership with Aurea A.
Mercado.

That I am executing this


affidavit freely and voluntarily without any force or
intimidation imposed upon me.

IN WITNESS WHEREOF, I have hereunto set my hand


this 2(nd) day of March, 1973, at the City of Davao City,
Philippines.

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