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house and lot gift from parents without donor's tax

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Associate


Arresto Menor
May house and lot po yung parents ko pero sa akin nakapangalan yung titulo. Pumirma po yung tatay ko nang affidavit of support nung binili nya yung property para maipangalan nya sa akin pero pera nila ung ginamit pambili. Bale parang pinalabas na ako po yung bumili kahit hindi. Hindi po sila nagbayad ng donor's tax. Sila po ang gumagamit nung property ngayon. Binili po nila yun in installment nung 2001 at natapos nila bayaran 18 yrs old na po ako.

Valid po bang sabihin na akin talaga yung property??

What if may magsue sa akin for damages at wala akong pambayad, pwede ba nila galawin yung property??

Thank you.

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attyLLL


moderator
the law will presume that the property is yours because it is in your name, and it can be executed upon by your creditors.


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