Transfer and business taxes by ampongan 6th sol man 2

CHAPTER 2- DISCUSSION QUESTIONS
1.

a.

The document is a “will” because it deals with the disposition of the property of
Maning upon her death .

b. The disposition of the house and lot in Dagupan City and the Mitsubishi Adventure car
are covered by a will, while the ownership of stocks in Sorsano Corporation is not.
Therefore, the succession is a mixed succession.
c.

Reynante is to be appropriately called as “devisee” because he will inherit the house
and lot near Notre Dame of Dadiangas College , a particular real property in
accordance with the provisions of a will, while Quintana will inherit a car (personal
property) by virtue of a will, therefore, she is a “legatee.”

d. Fila is identified in the will to carry out its provisions. Therefore, she is an “executor.”
e. The rights shall only be transmitted to Reynante upon the death of Maning. Before
death, he has a mere inchoate right on the property.
2 – 2, WORD SEARCH
1.
2.
3.
4.
5.

Devise
Testator
Holographic

Probate
e

6.
7.
8.
9.
10.

Net estate
Codicil
Executor
Heir
Estate

2 – 3. ANSWERS :
1. T
2. T
3. F
4. T
5. F
6. F
7. T
8. T
9. F
10. T

2