Property Law
What is a notice of lis pendens and why it matters in real estate disputes
You filed a case in court. Your lawyer is handling it. You think the property is safe while the case is pending. Then you find out that the defendant — while your case was sitting in the court calendar — quietly sold the property to someone else. The new buyer claims to have purchased it…
Read MorePROPERTY MANAGEMENT
Why Use a Professional Property Manager Professional property management can make owning (and profiting from!) rental properties a hassle-free experience. For most, the decision to use a professional property management is a simple cost/benefit equation. Not only are professional property managers experts at handling properties and tenants, they generally take only a small percentage of…
Read MoreTransfer of Title
How to Transfer Registration of Land Title You cannot underestimate the value of registration. Registration presents to the whole world the contract of sale between the buyer and the seller and, in effect, binds other persons to respect that contract. Without registration, the seller may fraudulently sell the same real property to another person other than…
Read MorePurchase Real Property in the Philippines
Taxes to be paid when Buying Real Estate in the Philippines The SELLER pays for the: Capital Gains Tax equivalent to 6% of the selling price on the Deed of Sale or the zonal value, whichever is higher. (Withholding Tax if the seller is a corporation) Unpaid real estate taxes due (if any). Agent /…
Read MoreMortgages
SEE ALSO: TRANSFER OF TITLE HOW TO REGISTER A PROPERTY IN THE PHILIPPINES
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