| posted May 25, 2010 03:56AM |
shadow1383 Supreme Sulitizen 1442 posts - Registered: Nov 8, 2009
- Last Access From: Philippines
| salamat kasulit sa information.... |
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| posted May 25, 2010 08:50PM |
marlogo Elite Sulitizen 666 posts - Registered: Jun 27, 2008
- Last Access From: Philippines
| thanks for sharing your knowledge........ |
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| posted May 25, 2010 08:54PM |
jason0128 Legendary Sulitizen 3328 posts - Registered: Jan 2, 2010
- Last Access From: Philippines
| Nice post!! Thanks for the information.. Ngayon ko lang po nalaman yan.. =) |
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| posted May 25, 2010 09:16PM |
elabiz06 Majestic Sulitizen 12428 posts - Registered: Aug 8, 2007
- Last Access From: Qatar
| Malaking tulong ito sa mga kagaya ko na investor sa Real Esate kasi mahal ang singil ng developer kung sila ang mag-lalakad nito. |
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| posted August 13, 2010 09:39AM |
purpleivy Veteran Sulitizen 224 posts - Registered: Dec 7, 2007
- Last Access From: Philippines
| Thank you so much for the information. |
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| posted August 13, 2010 09:49PM |
junnas Elite Sulitizen 568 posts - Registered: Aug 7, 2010
- Last Access From: United States
| thank you a nice piece of information esp for me. |
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| posted August 20, 2010 04:20PM |
ourhomechoice Ultimate Sulitizen 2311 posts - Registered: Jul 8, 2010
- Last Access From: Philippines
| thanks po for sharing the information..  |
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| posted August 20, 2010 04:23PM |
accountno0543210101 Majestic2 Sulitizen 18800 posts - Registered: Jan 9, 2010
- Last Access From: Philippines
| nice thanks sa info makakatulong to. |
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| posted August 27, 2010 06:17PM |
edge Veteran Sulitizen 371 posts - Registered: Jun 13, 2007
- Last Access From: Philippines
| thanks for sharing a helpful information. |
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| posted September 11, 2010 01:40PM |
jetsupra Elite Sulitizen 513 posts - Registered: Sep 10, 2010
- Last Access From: Philippines
| ang haba naman nyan. haha but thanks for posting it may mga nakuha naman akong information. thanks |
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| posted September 11, 2010 08:05PM |
vanss Majestic3 Sulitizen 40911 posts - Registered: Jan 11, 2008
- Last Access From: Philippines
| ang haba naman nyan. haha but thanks for posting it may mga nakuha naman akong information. thanks
tyaga lang po sa pagbabasa... marami naman po kayong makukuhang info sa mga ganyang mga posting eh... hehehe... |
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| posted September 11, 2010 08:19PM |
JamesR Majestic2 Sulitizen 21793 posts | thanks po kaya ako padadaanin ko na lang sa bank or pag ibig pag bibili ako ng house para sila ang gagawin kong taga double check kung legal ba ang kukunin ko.... |
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| posted September 13, 2010 05:29AM |
bandwagon Majestic Sulitizen 11887 posts - Registered: Apr 14, 2007
- Last Access From: Philippines
| | STEP 1: CITY/MUNICIPAL ASSESSOR’S OFFICE SECURE THE FOLLOWING: | | | | 1. Certified True Copy of Tax Declaration (House and Lot) | | 2. Certificate of No Improvement (If vacant lot) | | 3. Original Copies – 1 for BIR and 1 for Register of Deeds | | | | STEP 2 : CITY/MUNICIPAL TREASURER’S OFFICE SECURE A TAX CLEARANCE | | *In order to secure a Tax Clearance, Real Property Tax must be updated as of date of document of sale. | | | | STEP 3: BUREAU OF INTERNAL REVENUE PAY THE FOLLOWING: | | | | 1. Capital Gains Tax (6% for individual seller or 7.5% for corporation) | | 2. Documentary Stamps Tax (1.5%) | | | | Note: | | *Capital Gains Tax and Documentary Stamps Tax shall be based on Selling Price (per Deed of Sale), Market Value of Tax Declaration, or BIR Zonal Value, whichever is higher. | | *Form for Capital Gains Tax can be secured from the BIR or can be downloaded from the BIR website http://www.bir.gov.ph | | | | Requirements: | | a. Photocopy of Certified True Copy of Transfer Certificate of Title | | b. Certified True Copy of Latest Tax Declaration | | c. Real Estate Tax Clearance | | d. Original and two (2) Photocopies of Deed of Absolute Sale | | e. Certificate of No Improvement from the Assessor’s Office if vacant lot. | | | | Additional Note: | | a. Payment for Capital Gains Tax and Documentary Stamps Tax shall be in cash or in managers check, to be paid to the BIR Regional office or BIR-authorized banks where property is located. | | b. Capital Gains Tax shall be filed and paid to the BIR within thirty days from date of sale. | | c. Documentary Stamps Tax shall be paid on or before the 5th day of succeeding month from the date of sale. | | | | STEP 4: CITY/MUNICIPAL TREASURER’S OFFICE | | Pay the Transfer Tax at the Treasurer’s Office. | | Requirements: | | | | a. Photocopy of Deed of Absolute Sale | | b. Photocopy Transfer Certificate of Title | | c. Photocopy of Tax Declaration | | d. Photocopy of Real Estate Tax Clearance | | | | *Transfer Fee is 1/2 of 1% of Selling Price or Market Value of Tax Declaration, whichever is higher | | | | STEP 5: REGISTER OF DEEDS | | Submit to the Register of Deeds where property is located the following documents: | | | | a. Owner’s Duplicate Copy of Transfer Certificate of Title | | b. Deed of Absolute Sale (3 copies) | | c. Certificate Authorizing Registration from the BIR | | d. Transfer Fee Receipt | | e. Photocopy of Real Estate Tax Clearance | | f. Photocopy of Tax Declaration or if vacant lot, Certificate of No Improvement | | | | A NEW TITLE UNDER THE NEW OWNER’S NAME WILL BE RELEASED BY THE RD | | | | REMINDER: The owner or the broker as authorized by the owner should be the one to present the above documents to the Register of Deeds because the new TCT shall be released only to the presenter of the above documents. | | | | STEP 6: CITY/MUNICIPAL ASSESSOR’S OFFICE | | | | Secure from the Assessor’s Office a new Tax Declaration. | | Requirements: | | a. Photocopy of Transfer Certificate of Title under the new owner’s name, duly authenticated at the Assessor’s Office | | b. Photocopy of Deed of Absolute Sale | | c. Real Estate Tax Clearance |
Remember, you must always bring Certified True Copies of the documents as well as necessary receipts to avoid inconvenience in case you will be required to present them... thank you so much for this very helpful information. keep it up. more power to you. |
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| posted September 14, 2010 11:25PM |
elabiz06 Majestic Sulitizen 12428 posts - Registered: Aug 8, 2007
- Last Access From: Qatar
| ang haba naman nyan. haha but thanks for posting it may mga nakuha naman akong information. thanks Kaya nga dapat lang tayo na tumutok at mag-contribute dito sa forum dahil marami sa ating mga ka-sulit ang nag-po post ng kanilang nalalaman para na 'rin ma-upgrade ang ating kaalaman. |
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| posted September 21, 2010 08:35AM |
ralphaiden Sulitizen-to-be 1 post | Hi, would like to ask, do the developer have the right to hold the release of your title kahit hindi pa ito transferred in your name since gusto mo kaw na lang ang magprocess ng transfer nito sa name mo? I already fully paid my purchased lot and I've asked them how much if sa kanila ko ipapaprocess ang tct transfer, they've given me computation double of what I computed. I know the computation and procedure to transfer also so I know na tinataga nila ako, kaya I ask them to give me na lang the title and Deed of Sale and ako na lang magproprocess nun since me guide naman ako how will I transfer it to my name. Ayaw nila ibigay sakin ang title and DAS kase daw policy nila na di maglabas ng document if hindi pa nakapangalan samin if ever daw na magkaproblema mahirap na. Tama ba yun? Sabi ko nga bakit di nyo ibibigay sakin yan e bayad nako, akin na yan e. Kulang na lang e pambayad para maipangalan sakin at saka di ba sakin din naman nila hihingin ang pambayad, why not ako na lang kesa singilin pa nila ako ng processing fee??? ang labo, tapos ang withholding tax ba talaga e sagot ko? sa computation kase namin dito sa company kami ang nagbabayad nun hindi ang buyer, pati real estate tax upon release ng tct sagot din ng company yun, supposedly dito samin buyer suppose to pay lang Doc stamp, Transfer tax, reg. fee, notarial fee, processing/miscellaneous fees nga namin ay 3500 lang. Ibig bang sabihin kung wala pa akong pang transfer ng title they will not release it to me at wala akong pang hahawakan anu un bogus??? labo talaga nila, i will check my cotract to sell later, kase sabi nila sa asawa ko andun daw yun sa contract. i'll verify if they have the right to pending the release of it. where could i file a complaint if they will not release my tct and deed of sale kahit nakapangalan pa sa developer? kindly help thanks! |
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| posted September 24, 2010 01:01PM |
elabiz06 Majestic Sulitizen 12428 posts - Registered: Aug 8, 2007
- Last Access From: Qatar
| Hi, would like to ask, do the developer have the right to hold the release of your title kahit hindi pa ito transferred in your name since gusto mo kaw na lang ang magprocess ng transfer nito sa name mo? I already fully paid my purchased lot and I've asked them how much if sa kanila ko ipapaprocess ang tct transfer, they've given me computation double of what I computed. I know the computation and procedure to transfer also so I know na tinataga nila ako, kaya I ask them to give me na lang the title and Deed of Sale and ako na lang magproprocess nun since me guide naman ako how will I transfer it to my name. Ayaw nila ibigay sakin ang title and DAS kase daw policy nila na di maglabas ng document if hindi pa nakapangalan samin if ever daw na magkaproblema mahirap na. Tama ba yun? Sabi ko nga bakit di nyo ibibigay sakin yan e bayad nako, akin na yan e. Kulang na lang e pambayad para maipangalan sakin at saka di ba sakin din naman nila hihingin ang pambayad, why not ako na lang kesa singilin pa nila ako ng processing fee??? ang labo, tapos ang withholding tax ba talaga e sagot ko? sa computation kase namin dito sa company kami ang nagbabayad nun hindi ang buyer, pati real estate tax upon release ng tct sagot din ng company yun, supposedly dito samin buyer suppose to pay lang Doc stamp, Transfer tax, reg. fee, notarial fee, processing/miscellaneous fees nga namin ay 3500 lang. Ibig bang sabihin kung wala pa akong pang transfer ng title they will not release it to me at wala akong pang hahawakan anu un bogus??? labo talaga nila, i will check my cotract to sell later, kase sabi nila sa asawa ko andun daw yun sa contract. i'll verify if they have the right to pending the release of it. where could i file a complaint if they will not release my tct and deed of sale kahit nakapangalan pa sa developer? kindly help thanks! First and foremost, kailangan na ma-basa mo ang nakalagay sa iyong Contract to Sell pag-katapus nito, pumunta ka na assessors office kung saan located ang binili mong property para makita mo ang titulo...kanino ba ito nakapangalan..doon puwede mo nang tanungin kung anu ang mainam na gawin mo, if not pumunta ka sa HLURB para mag-reklamo kung kinakailangan.....if you have time, you can do it yourself but in reality madami kang gagawin. |
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| posted October 2, 2010 10:20AM |
gracaea Elite Sulitizen 599 posts - Registered: May 26, 2008
- Last Access From: Philippines
| Thanks sa mga infos... =) |
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| posted October 5, 2010 05:13PM |
alonaednacot Elite Sulitizen 626 posts - Registered: Jul 16, 2009
- Last Access From: Philippines
| ang haba naman nyan. haha but thanks for posting it may mga nakuha naman akong information. thanks tyaga lang po sa pagbabasa... marami naman po kayong makukuhang info sa mga ganyang mga posting eh... hehehe... thanks... yes tyaga lang talaga para matuto tayo. mahilig ako magbasa kaya sinusubukan ko ring i-share yung mga alam kung makakatulong sa iba. " Self education allows you to create a real fortune. Reading exposes you to unlimited ideas... "
Message appended on October 5, 2010 05:22PM Hi, would like to ask, do the developer have the right to hold the release of your title kahit hindi pa ito transferred in your name since gusto mo kaw na lang ang magprocess ng transfer nito sa name mo? I already fully paid my purchased lot and I've asked them how much if sa kanila ko ipapaprocess ang tct transfer, they've given me computation double of what I computed. I know the computation and procedure to transfer also so I know na tinataga nila ako, kaya I ask them to give me na lang the title and Deed of Sale and ako na lang magproprocess nun since me guide naman ako how will I transfer it to my name. Ayaw nila ibigay sakin ang title and DAS kase daw policy nila na di maglabas ng document if hindi pa nakapangalan samin if ever daw na magkaproblema mahirap na. Tama ba yun? Sabi ko nga bakit di nyo ibibigay sakin yan e bayad nako, akin na yan e. Kulang na lang e pambayad para maipangalan sakin at saka di ba sakin din naman nila hihingin ang pambayad, why not ako na lang kesa singilin pa nila ako ng processing fee??? ang labo, tapos ang withholding tax ba talaga e sagot ko? sa computation kase namin dito sa company kami ang nagbabayad nun hindi ang buyer, pati real estate tax upon release ng tct sagot din ng company yun, supposedly dito samin buyer suppose to pay lang Doc stamp, Transfer tax, reg. fee, notarial fee, processing/miscellaneous fees nga namin ay 3500 lang. Ibig bang sabihin kung wala pa akong pang transfer ng title they will not release it to me at wala akong pang hahawakan anu un bogus??? labo talaga nila, i will check my cotract to sell later, kase sabi nila sa asawa ko andun daw yun sa contract. i'll verify if they have the right to pending the release of it. where could i file a complaint if they will not release my tct and deed of sale kahit nakapangalan pa sa developer? kindly help thanks! First and foremost, kailangan na ma-basa mo ang nakalagay sa iyong Contract to Sell pag-katapus nito, pumunta ka na assessors office kung saan located ang binili mong property para makita mo ang titulo...kanino ba ito nakapangalan..doon puwede mo nang tanungin kung anu ang mainam na gawin mo, if not pumunta ka sa HLURB para mag-reklamo kung kinakailangan.....if you have time, you can do it yourself but in reality madami kang gagawin. I agree po, dapat before ka pumirma sa contract to sell binasa mo na lang muna yun at pinagaralan mo ang mga nakapaloob duon, may mga kanya-kanyang ruling ang developer kasi may mga staff sila talaga na gumagawa nun, kaya dapat nuon pa man nilinaw mo na sa kanila lahat especially yung comptutation of payment para nalaman mo agad kuna anu-anu yung covered ng payment sa computations nila. Ganun pa man makipagusap ka sa developer ulet after mo mabasa yung contract to sell kung talagang sa palagay mo may hidden charges na covered dun lumapit ka sa HLURB.
Message appended on October 5, 2010 05:32PM | STEP 1: CITY/MUNICIPAL ASSESSOR’S OFFICE SECURE THE FOLLOWING: | | | | 1. Certified True Copy of Tax Declaration (House and Lot) | | 2. Certificate of No Improvement (If vacant lot) | | 3. Original Copies – 1 for BIR and 1 for Register of Deeds | | | | STEP 2 : CITY/MUNICIPAL TREASURER’S OFFICE SECURE A TAX CLEARANCE | | *In order to secure a Tax Clearance, Real Property Tax must be updated as of date of document of sale. | | | | STEP 3: BUREAU OF INTERNAL REVENUE PAY THE FOLLOWING: | | | | 1. Capital Gains Tax (6% for individual seller or 7.5% for corporation) | | 2. Documentary Stamps Tax (1.5%) | | | | Note: | | *Capital Gains Tax and Documentary Stamps Tax shall be based on Selling Price (per Deed of Sale), Market Value of Tax Declaration, or BIR Zonal Value, whichever is higher. | | *Form for Capital Gains Tax can be secured from the BIR or can be downloaded from the BIR website http://www.bir.gov.ph | | | | Requirements: | | a. Photocopy of Certified True Copy of Transfer Certificate of Title | | b. Certified True Copy of Latest Tax Declaration | | c. Real Estate Tax Clearance | | d. Original and two (2) Photocopies of Deed of Absolute Sale | | e. Certificate of No Improvement from the Assessor’s Office if vacant lot. | | | | Additional Note: | | a. Payment for Capital Gains Tax and Documentary Stamps Tax shall be in cash or in managers check, to be paid to the BIR Regional office or BIR-authorized banks where property is located. | | b. Capital Gains Tax shall be filed and paid to the BIR within thirty days from date of sale. | | c. Documentary Stamps Tax shall be paid on or before the 5th day of succeeding month from the date of sale. | | | | STEP 4: CITY/MUNICIPAL TREASURER’S OFFICE | | Pay the Transfer Tax at the Treasurer’s Office. | | Requirements: | | | | a. Photocopy of Deed of Absolute Sale | | b. Photocopy Transfer Certificate of Title | | c. Photocopy of Tax Declaration | | d. Photocopy of Real Estate Tax Clearance | | | | *Transfer Fee is 1/2 of 1% of Selling Price or Market Value of Tax Declaration, whichever is higher | | | | STEP 5: REGISTER OF DEEDS | | Submit to the Register of Deeds where property is located the following documents: | | | | a. Owner’s Duplicate Copy of Transfer Certificate of Title | | b. Deed of Absolute Sale (3 copies) | | c. Certificate Authorizing Registration from the BIR | | d. Transfer Fee Receipt | | e. Photocopy of Real Estate Tax Clearance | | f. Photocopy of Tax Declaration or if vacant lot, Certificate of No Improvement | | | | A NEW TITLE UNDER THE NEW OWNER’S NAME WILL BE RELEASED BY THE RD | | | | REMINDER: The owner or the broker as authorized by the owner should be the one to present the above documents to the Register of Deeds because the new TCT shall be released only to the presenter of the above documents. | | | | STEP 6: CITY/MUNICIPAL ASSESSOR’S OFFICE | | | | Secure from the Assessor’s Office a new Tax Declaration. | | Requirements: | | a. Photocopy of Transfer Certificate of Title under the new owner’s name, duly authenticated at the Assessor’s Office | | b. Photocopy of Deed of Absolute Sale | | c. Real Estate Tax Clearance |
Remember, you must always bring Certified True Copies of the documents as well as necessary receipts to avoid inconvenience in case you will be required to present them... thank you so much for this very helpful information. keep it up. more power to you. Thank you po :))) More Power sa mga kasulit! View message logs alonaednacot: updated on October 5, 2010 05:37PM alonaednacot: appended post on October 5, 2010 05:32PM alonaednacot: appended post on October 5, 2010 05:22PM |
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| posted October 5, 2010 11:16PM |
Jhaypeebee Sulitizen 82 posts - Registered: Sep 22, 2010
- Last Access From: Philippines
| Thanks! Isa ito sa mga makabuluhang posts na nabasa ko dito sa Sulit. More power & God bless. |
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| posted October 7, 2010 03:13AM |
elabiz06 Majestic Sulitizen 12428 posts - Registered: Aug 8, 2007
- Last Access From: Qatar
| Thanks! Isa ito sa mga makabuluhang posts na nabasa ko dito sa Sulit. More power & God bless. Tama po kayo, bawat basa ko ng magagandang topic dito sa forum nadadagdagan ang confidence ko sa aking ginagawa at nagagamit ko 'rin itong batayan sa aking mga forthcoming dealings with my prospective clientèle. |
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