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1 LAND CONVERSION on Sat Apr 05, 2014 8:52 pm


Arresto Menor

I recently bought a piece of land and transferred the title under my name. Now when i tried to use it for Pag-ibig housing Loan, they advised that i have to convert it to residential first (the land is classified as "corn land").

Out municipal assessor suggested that i convert only a part of it to residential to get rid of a higher real property tax.

My concern is that i'd be obliged to spend more on surveys (to divide the land) and that i think the land would be divided into two titles??

What are the pros and cons of converting the whole land to residential?

I hope you can enlighten me and help me come up with the best decision about this.

thank you in advance.

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2 Re: LAND CONVERSION on Sun Apr 13, 2014 6:31 pm


Arresto Menor
Is it true that the way of surveying farm land differs from residential land?

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