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Lot i puchased

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1 Lot i puchased on Mon Jun 20, 2011 12:13 am

Kingfisher1972


Arresto Menor
hello,

i purchased a lot with no title. the owner has tax declaration only. on the legal document that we executed, it is stated that i will give 50% down payment and the balance will be paid once he has converted his tax declaration into TCT or OCT through administrative proceeding. the problem is it has been 10 months now and there is no improvement whatsoever in what he is applying for. can i revoke the deed of sale and get my money back?

thanks a lot

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2 Re: Lot i puchased on Mon Jun 20, 2011 5:35 pm

tsds


Arresto Menor
kailangan po ninyong ipa transfer man lang sa name nyo ang tax declaration while you wait the OCT. You can choose any newspaper, requirements po ito for the approval.

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