The Local Government Code of 1991 (R.A. 7160) is the Philippine law that empowers LGUs to collect property-related taxes like Transfer Tax and Real Property Tax (Amilyar). This guide explains how the Code directly impacts the costs and obligations of homebuyers and property owners.
A Certificate Authorizing Registration (CAR) is the final tax clearance issued by the BIR in the Philippines, certifying that all national taxes on a property sale have been paid. This guide explains why the CAR is a mandatory requirement for the Registry of Deeds to process and transfer the land title to the new owner.
In the Philippines, ownership is the legal right to a property proven by a title, while possession is merely physical control. This guide explains the critical difference, helping homebuyers understand their rights at every stage, from signing a Contract to Sell to the final title transfer.
The Maceda Law (R.A. 6552) is a Philippine law that protects buyers of residential real estate on an installment basis. This guide explains a buyer’s rights to a grace period for missed payments and a cash surrender value upon contract cancellation, providing a crucial safety net for investors.
This is a complete step-by-step guide to the title transfer process in the Philippines for first-time homebuyers. Learn the procedures, costs, and requirements for dealing with the BIR, local government, and Registry of Deeds to secure the Transfer Certificate of Title in your name.
A Contract to Sell (CTS) is a legal agreement in the Philippines for property sold on an installment basis, where the seller retains ownership until the buyer pays the full price. This guide explains how a CTS works, its difference from a Deed of Absolute Sale, and the protections it offers to buyers.
Notarization is the process of having a Deed of Sale certified by a Notary Public, a mandatory step in the Philippines. This guide explains how notarization works, why it’s crucial for legalizing your property purchase, and its role in the title transfer process with agencies like the BIR and LRA.
A clean title is a property title in the Philippines that is free from any adverse claims, liens, or legal encumbrances. This guide explains why securing a clean title is crucial for a safe investment and details the steps to verify it at the Registry of Deeds.
A Certificate of Loss is an official document from the Registry of Deeds in the Philippines confirming their original copy of a land title is lost or destroyed. For homebuyers, this certificate is a critical red flag, signaling that the property cannot be legally sold until the owner completes a judicial reconstitution in court.
Republic Act No. 26 is the Philippine law that outlines the special court procedure for reconstituting an original Torrens title that has been lost or destroyed in the Registry of Deeds. This guide explains how the law works and its importance for property transactions involving lost titles.
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