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House and Lot Under Pag-Ibig Loan

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1 House and Lot Under Pag-Ibig Loan on Tue May 13, 2014 12:27 pm


Arresto Menor

I need some legal advise po. I'm going to sell my property to my mom, but the property is still under active pag-ibig housing loan under my name. My mom, stepdad and I agreed that they will pay the balance in pag-ibig,and they will legally owned my property once the Pag Ibig HL is already paid.

My question po, what legal document we need? Pwede na ba simpleng kasunduan with sign of both parties since the transaction is just a mother-daughter relationship.


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2 Re: House and Lot Under Pag-Ibig Loan on Fri May 16, 2014 5:30 pm


Prision Correccional
You must advise the Pag-Ibig Fund about your plans. I advise you to proceed at their office for the proper instructions and procedures that you must do. They have the copy of forms/legal documents that you both parties have to sign and execute.

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