A waiver refers to the voluntary relinquishment of a known right, which, in context, means one party agrees not to enforce certain contractual terms under specified conditions.
Extra-Judicial Settlement (EJS) with Waiver of Rights An EJS is a legal document that heirs use to divide and distribute the estate of a deceased person when there is no will (intestate succession) and when the heirs are in agreement on the division.
Extrajudicial Settlement of Estate with Waiver of Rights is a legal process utilized in the Philippines to distribute the estate of a deceased person among the heirs as stipulated by law, without undergoing a judicial settlement.