deed of absolute sale

DEED OF ABSOLUTE SALE – Important Advisory

DEED OF ABSOLUTE SALE - IMPORTANT ADVISORY Sometime ago during the past administration of the Bureau of Internal Revenue, I encountered a Property Owner / SELLER who was selling a property and wanted a NET DEAL. Now what does a NET DEAL mean ?  It means that the SELLER usually wants an amount that is NET or CLEAN to them regardless of expenses to be paid.  The normal expenses that are for the...

Important Revision on Contracts

hello everyone, This is to update the blog below I did way back in November 2014.  It is now important to update the tax declaration of the property to current status prior to closing a deal, particularly on the improvement which means that an inspection must be done by the assessor's office every three years ( this actually is in the the assessor's office guidelines but unfortunately isn't...

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