Real Estate Laws

Property Relations between Husband and Wife ( Part 1 )

here's an article i had posted sometime ago as a couple i knew had to go their separate ways and the outcome wasn't nice.   it's sad that someone you shared your life with can be your your worst enemy when events turn around.  anyway, here's part one  of the article.  by the way, i may soon have to require you to sign up for membership as suggested by my website developersfor security purpose as...

Ordinary Asset versus Capital Asset

Ordinary Asset versus Capital Asset I've been a Real Estate Broker for quite sometime now and the issue of ordinary asset and capital asset is still something that puzzles me, more so, the property owners as there are unique cases every now and then.  Now this is important to understand as the consequence may lead to paying deficiency in tax , penalty  and delay in processing the transfer of...

How to Detect Fake Transfer Certificate of Title ( TCT )

How to Detect a Fake Transfer of Certificate of Title : Please take note that the Land Registration Authority has come out with a new form and procedure for both Transfer Certificate of Title ( TCT ) and Condominium Certificate of Title ( CCT ) which make production of FAKE TITLES more complicated that ever before.  This is a good sign that the government is progressing on the right track.  A new...

Republic Act No. 9646 ( RESA LAW )

Hello everyone, Attached is a copy of the Real Estate Service Act ( RESA )  Law or RA 9646 for everyone’s guidance. please take note that the RESA Law is on it's fifth year and it's about time that other laws pertaining to unlawful practice should be implemented !  I would like to quote, Rule V,  Section 39 of Republic Act 9646  which is quoted in PROFESSIONAL REGULATORY BOARD OF REAL...

Philippine Real Estate – Foreign Ownership Facts

Foreign Ownership of Philippine Real Estate Foreigners can protect their Philippine investments into Philippine real estate and other investment assets. We provide Foreign Nationals various ways from Retirement Investment Visas to Philippine Incorporation services so they can protect their Philippine investment interests. More information on our services is provided below, and or contact us with...

Checklist Before Buying Real Estate in the Philippines

Checklist Before Buying Real Estate in the Philippines Here are the tips a buyer / investor must remember before buying any property in the Philippines, specially if you are buying a single property from an individual: 1. Make sure the “Transfer Certificate of Title” is authentic. The easiest way to check if the title to the property you are buying is authentic is by getting “Certified True...

Zonal Values – FYI

  hello everyone, what is zonal value ?  zonal value is the basis of the Bureau of Internal Revenue, City Assessor's Office and Register of Deeds in computing the respective taxes due on the property. the zonal value " DOESN'T " necessarily give the True Market Value ( what a Seller is willing to sell property for and Buyer is willing to pay for determines Market Value ) of a property. ...

What is a Will ?

In the course of doing real estate over time, I have come across several instances that when the unexpected happens, DEATH, in particular, more often than not, leads to problems. From the well to do families ( old rich to nouveau rich ) to the under privileged ones like the Juan de La Cruzes, there are no exemptions to the rule.  Siblings, relatives will fight for whatever they feel they deserve,...

Transfer of Title Procedures

  Transfer of Title in the Philippines Check the authenticity of ownership of a property before buying a property by verifying it's Title ( Transfer Certificate of Title if land is involved or Condominium Certificate of Title if a condominium is being purchased ).  Verification is done through the Register of Deeds of the City where the property is located. When transferring a title (...

Right of First Refusal – Facts to Know

Recently an old friend and client called me to inquire about a problem he encountered in regard to a real estate property he's been leasing for his retail business  for quite sometime already. This particular location is one of his best located branches !  The issue was that the property w as recently sold.  Sold without notice given to him at all ! I then asked him if he has a contract of...

Compare listings

Compare