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Land Registration Procedure

Land Registration Procedure Documents Required for Registration of Real Property with the Register of Deeds A. Common Requirements 1.   Original copy of the Deed or Instrument (Original Copy + 2 duplicate copies) If the original copy cannot be produced, the duplicate original or certified true copy shall be presented accompanied with a sworn affidavit executed by the interested party why...

Tax Exception on Primary Residence

Tax Exception of Primary Residence By: Atty. Bobby Gallardo Partner, Tax & Corporate Services Division KPMG Philippines Laya Mananghaya & Co. Its mixed emotions that I feel, now that my wife and I have finally reached that phase of our married life where all our children have settled down and have their own families. We now find ourselves left all alone in a modest house that was a...

How Family Corporations Ease the Burden of Tax on Estates

How Family Corporations Ease the Burden of Tax on Estates When a man acquires property on account of years of hard work and labor, the tendency is he will strive to preserve the property for the benefit of his family. Filipinos are fond of buying real property as a legacy for their children. But is one actually free to plan and ensure that his assets will be enjoyed by those he chose even after his...

Chinese Banks Using Goldman-Greece / Lehman Tricks ?

Chinese Banks Using Goldman-Greece / Lehman-Repo 105 Tricks ??? The Possible Result ? Learning Tricks from the Old Masters // <![CDATA[// // <![CDATA[// Consistent readers of Economy Watch are aware we have been more than hard on the shenanigans of US investment banks, notably Goldman's rampant tricks with Greece - which played a significant role in both that country's somewhat...

Balikbayan Act – Presidential Decree 185

PRESIDENTIAL DECREE 185 BALIKBAYAN ACT PURPOSE OF THE LAW To allow a natural born citizen of the Philippines who has lost his Philippine citizenship to be a transferee of private land, for use by him as his residence. Natural born citizen defined: One who is a citizen of the Philippines from birth without having to perform any act to acquire or perfect his citizenship. WHO MAY AVAIL OF THE...

Home Buying Guide for Filipinos

Home Buying Guide for Filipinos For Filipinos & Former Filipino Citizens -"Balikbayans" Former natural-born Filipinos who are now naturalized citizens of another country can buy and register, under their own name, land in the Philippines but limited in land area (see below). However,  those who  avail of the Dual Citizenship Law can buy as much as any other Filipino citizen. Under Republic Act...

Property Relations Between Husband and Wife

Property Relations Between Husband and Wife What is the system of Conjugal Partnership of Gains and what are the rights, responsibilities and obligations of the spouses under this system? In Conjugal Partnership of Gains, the husband and wife place in a common fund the proceeds, fruits and income from their separate properties and those acquired by either or both spouses through their efforts...

Robert G Sarmiento’s Real Estate Blog

hello everyone, i am currently upgrading my website so i've created this temporary blogsite to keep you posted on current real estate market here in the philippines and the international market as well as i will soon be marketing international properties in my company's portfolio. as you may well know, the whole global economy is dependent on each other as we have experienced during the asian...

Prime Properties Inventory – November 2010

hello everyone, it’s 49 days till christmas and what a year it has been for the philippines. from politics, stock market, strong philippine peso to a very resilient real estate market. all are heading towards new positive highs !  anyway, i will be doing my year end newsletter in about a week and will summarize all the activities of 2010 and my real estate forecast...

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