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Property acquisition of a minor

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1 Property acquisition of a minor on Sat Aug 24, 2013 7:01 pm


Arresto Menor
Hi. I would like to consult sa acquisition ng condominium. Daughter po is 6 years old lang. Father is a foreigner and wants the title to be under his name and daughter's name. Hindi po married ang foreigner and mother. Possible po ba mag sign ng contract ang bata? Need pa ba magbayad ng donor's tax? Thanks.

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2 Re: Property acquisition of a minor on Sun Aug 25, 2013 12:32 am


Arresto Mayor
If I remember it correctly, may limit ang percentage ng ownership ng foreigners sa condominium buildings. So I suggest you have the documentation analyzed by a lawyer.

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