here’s a recent case on a certain property being sold wherein an annotation at the back of the title was required to be taken out by the BUYER, below is the caption from an offer to buy on the property ….. this...
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Statute of Frauds Descriptive of statutes which require certain classes of contracts to be in writing. The purpose of the Statute is to prevent fraud and perjury in the enforcement of obligations depending for their evidence on...
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Recently i came across a property owner who owns various tracts of land but needed cash for personal reasons. He had no other collateral except his / her properties and Pacto de Retro was an option discussed. Below is the...
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hello everyone, just to advise you on a recent transaction wherein a client is going through primary residence tax exemption. Bureau of Internal Revenue ( BIR ) is now very strict on their requirements. we recommend you...
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What is an Heir’s Bond ? Heir’s Bond: Broadly speaking, the term “heir” includes all persons, whether relatives or not, who succeed or inherit from a deceased person either by will or under the laws of...
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hello everyone, this article came about from an associate who had a transaction that was being questioned by an examiner from the Bureau of Internal Revenue. the issue was whether the couple was qualified to be exempt from...
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hello everyone, here’s an article a year ago taken from wall street journal columnist, elliot brown discussing the opportunity to get green card residence status in the u.s. for investors who are capable of funding...
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here’s another important issue we recently experienced and it was so unexpected. it’s a case of a couple who got a small loan for their property through a rural bank. so the normal procedure that the banks...
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