The document is a partition agreement between two parties to terminate their community ownership of a parcel of land and divide it between them. Notarization is a crucial step in formalizing a partition agreement for land in the Philippines.It ensures the enforceability of the agreement. (3) Approve an agreement providing for a structured settlement in the manner provided by. Pa.R.C.P. No. 2039(b)(3). DECEDENTS, ESTATES AND FIDUCIARIES. Chapter. 1. Notaries public must record their oath of office, completed bond, and commission with the Department of Records.