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Transfer Certificate of Lot

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1 Transfer Certificate of Lot on Thu Jan 27, 2011 11:48 am

olivervio


Arresto Menor
Good Morning, i just want to ask for an advice cause I bought a lot. Already, finished the Deed of Sale for this Lot.
What is the next process in getting the TITLE?
I just heard there was a need to assess the market value of the lot...etc


Need your prompt advise..thanks

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2 Re: Transfer Certificate of Lot on Thu Jan 27, 2011 8:35 pm

attyLLL


moderator
does the lot already have a title registered in the Register of Deeds? If so, you have to have taxes assessed at the BIR. once paid, they will issue a Certificate Authorizing Registration. then you can transfer it at the RD.

you will also have to pay transfer tax at the assesor's office so the tax dec will be transferred to you


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3 Re: Transfer Certificate of Lot on Tue Apr 19, 2011 8:12 pm

bespeedo


Arresto Menor
Good day. In my case, the property I bought is not yet fully paid by the seller in PAGIBIG. Since PAGIBIG is now holding the seller's land title, does it mean that I can only start the transfer of title process once I have fully paid the remaining balance in PAGIBIG? Are there other required documents for the trasnfer aside from Deed of Sale? Thanks.

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4 Re: Transfer Certificate of Lot on Wed Apr 20, 2011 8:26 am

attyLLL


moderator
bespeedo, it will depend on what is written on your deed of sale or contract to sell.


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