At Duran & Duran-Schulze Law, we facilitate real estate registrations and transfers by providing legal expertise, guidance, and assistance throughout the process.
Register a Real Estate Title
A Real Estate Title is a legal document that represents an individual’s ownership of a property. To register a real estate title, the applicant must follow these procedures:
- Step 1: Prepare the Deed of Sale.
- Step 2: Visit the Assessor’s Office and submit the Certified True Copy of Tax Declaration and Certificate of No Improvement for Vacant Lot.
- Step 3: Real property tax must be collected from the Land Tax Division of the City Treasurer’s Office.
- Step 4: Visit the Bureau of Internal Revenue and submit the buyer’s and seller’s Tax Identification Number, notarized deed of absolute sale, and other relevant certificates.
- Step 5: Go to the Municipal Treasurer’s Office and submit the Certificate Authorizing Registration from the BIR and various photocopies related to the transaction.
- Step 6: Proceed to the Registry of Deeds and submit the photocopy of the Deed of Absolute Sale, official receipt of transfer tax payment, and other required certificates.
- Step 7: Visit the Municipal Assessor’s Office and submit the additional documents for the issuance of a new certificate of title.
Transfer a Real Estate Title
To transfer a Real Estate Title, the applicant must follow these procedures:
- Step 1: Prepare the necessary requirements and ensure to have both original copies and at least two (2) photocopies of it.
- Step 2: Submit all required documents for tax computation.
- Step 3: Pay the required tax.
- Step 4: Get a Certificate Authorizing Registration (CAR).
- Step 5: Submit the CAR to the Local Treasurer’s Office.
- Step 6: Submit the necessary documents to the Registry of Deeds for Registration.
- Step 7: Secure a New Tax Declaration from the Local Assessor’s Office.
Duran & Duran-Schulze Law Can Help!
Legal Advice and Due Diligence
Before proceeding with any real estate transaction, it is essential to conduct thorough due diligence. At Duran & Duran-Schulze Law, we review the legal aspects of the property, including titles, deeds, liens, zoning regulations, and any other encumbrances. We also advise our clients on potential risks and liabilities associated with the property.
Drafting and Reviewing Contracts
We can draft, review, and negotiate the purchase agreements, lease, mortgage documents, and other contracts to ensure that the terms are fair and legally binding.
Title Searches and Title Insurance
At Duran & Duran-Schulze Law, we conduct title searches to verify the ownership history of the property and ensure that there are no outstanding claims or defects in the title. We also assist our clients in obtaining title insurance to protect them against any unforeseen title issues.
Compliance with Real Estate Regulations
Real estate transactions are subject to various laws and regulations. Our reliable lawyer can ensure that all aspects of the transaction comply with these legal requirements, including relevant regulations, tax laws, and zoning ordinances. They can also guarantee that all necessary paperwork is properly completed and submitted for recording.
Need further information and assistance regarding Real Estate Transfers and Registrations? Talk to our team at Duran & Duran-Schulze Law to know more about the requirements and process. Call us today at (+632) 8478 5826 or +63 917 194 0482, or send an email to info@duranschulze.com for more information.