The Legal Side of Real Estate

[play_boi]

magandang umaga po. tatanung ko lang po sana regarding sa case ng capgain na pinag tatalunan ng isang buyer at seller

 

ang seller po ay may binebentang bahay at lupa, nag kataon po na hindi pa naka declare ang house. so pwede po kya na hindi na i declare muna iyon para no improvement ng lot lang ang babayadan? ano po kaya magiging problem pag hindi binayadan?

 

sa ganitong situation dapat po diba seller ang mag babayad? paano po kung gusto kuhanin ng buyer ang para sa capgain at hindi naman nila din ibabayad ano po ang mang yayari? sino po ang pwede mag ka problem in the end ang buyer or ang seller?

 

salamat po

[moed]

Problema yan sa buyer dahil pag siya na mayari mga unpaid real property tax payments sa improvement and penalties baka ikaw pabayarin. Regarding cap gains, mas maganda nga yan buyer mag bayad dahil pag hinde na bayaran yan, hinde makakuha certificate authorizing registration sa bir na kailangan para malipat tct sa buyer. Siempre itake into consideration yan sa price ng house and lot din. Malaking risk lang paginasahan ang seller magbayad dahil pag hinde nya binayaran, kawawa ang buyer.

[play_boi]

Problema yan sa buyer dahil pag siya na mayari mga unpaid real property tax payments sa improvement and penalties baka ikaw pabayarin. Regarding cap gains, mas maganda nga yan buyer mag bayad dahil pag hinde na bayaran yan, hinde makakuha certificate authorizing registration sa bir na kailangan para malipat tct sa buyer. Siempre itake into consideration yan sa price ng house and lot din. Malaking risk lang paginasahan ang seller magbayad dahil pag hinde nya binayaran, kawawa ang buyer.

thanks po!! tama dapat ng ang buyer mismo ang mag bayad.

 

tanung ko na din po. yung title kc may sec 7 at sabi dapat ipa tangal. sabi naman ng iba maski hndi na pero pano po pag i transfer yun ma transfer kaya pag hndi inalis? thanks po

[moed]

Matatransfer pa rin yan pero kasama pa rin annotation ng sec. 7 sa tct. Kung ako buyer, masmaganda mapatangal sa seller yan dahil pagpatanggal nyan sa korte pa magpepetition at gagastos sa abogado at fees kaya libolibo rin yan. Problema lang pag sa seller pagawa, matatagalan rin yan patangal. Pag trial by commissioner mas mabilis pero may extra bayad usually. Kaya ano usapan while in process yung removal of encumbrance. Puede rin, padiscount mo price dahil sa annotation na yan para ikaw na lang magpatangal. Mahirap sa sec. 7 na yan, pagsinanla mo lupa, baka irequire banko na patangalin mo annotation ng sec. 7.

[ottacan]

Im looking for good at ma-aasahang LAWYER,para hawakan ang kaso na isa-sampa ko sa mga nakatayong kabahayan

sa iniwan ng aming mga magulang na pamana sa aming magkakapatid..Lugar ng LEMERY,BATANGAS....

[Dr_PepPeR]

Im looking for good at ma-aasahang LAWYER,para hawakan ang kaso na isa-sampa ko sa mga nakatayong kabahayan

sa iniwan ng aming mga magulang na pamana sa aming magkakapatid..Lugar ng LEMERY,BATANGAS....

 

I suggest you get a local lawyer (from Lemery or the Batangas area), he will probably personally know the judge and the court staff and won't be a bother to go to court.

[pol22366]

Thanks for the reply, sir pol22366, I have a followup question:

 

Can Mr Santos do the affidavit of self-adjudication with all the necessary procedures and publication just for this property to be sold to me? I understand, he may have other properties still in the name of both he and his deceased spouse. I am interested in purchasing only one of their properties. Is it necessary for Mr Santos to settle all of the properties first?

 

It is of concern to me, since extra judicial settlement of all the properties will take time and I am interested only in one property.

 

Thanks in advance again.

 

If that is the only REAL property, I think this can be done, but if there are several, then he has to include all real properties into the affidavit. He will enevitably adjudicate the others also, so why do it peicemeal???

 

If personal properties are left, aside from the real property, then he can adjudicate seperately, the personal properties are usually unaccounted anyway, unless they are bonds or shares.

[patdura]

Matatransfer pa rin yan pero kasama pa rin annotation ng sec. 7 sa tct. Kung ako buyer, masmaganda mapatangal sa seller yan dahil pagpatanggal nyan sa korte pa magpepetition at gagastos sa abogado at fees kaya libolibo rin yan. Problema lang pag sa seller pagawa, matatagalan rin yan patangal. Pag trial by commissioner mas mabilis pero may extra bayad usually. Kaya ano usapan while in process yung removal of encumbrance. Puede rin, padiscount mo price dahil sa annotation na yan para ikaw na lang magpatangal. Mahirap sa sec. 7 na yan, pagsinanla mo lupa, baka irequire banko na patangalin mo annotation ng sec. 7.

Parang yung nabili ko sa Quezon City through Bank Loan, nirequired ako ng BPI na ipatanggal ang Sec 7A. narelease naman ang loan ko habang nakafile sa korte ang cancellation , I filed it with the help of a lawyer Dec 11, First hearing should have been last week February pero nareset sa April.

[daspark]

Hello po,

7 years ago, my family and I bought a vacant lot. nasa pangalan po ng brother ko yng titulo, but we have a verbal agreement na sa akin yng kalahati.

Napatayuan na po ng house yng s side ng brother ko.

Ano po yng procedure para mailipat n sa name ko yng kalahating lupa? Plano ko na dn kc po patayuan ng house yng lupa ko.

Do I need to get a lawyer to do the paper works?

salamat po.

[Dr_PepPeR]

Hello po,

7 years ago, my family and I bought a vacant lot. nasa pangalan po ng brother ko yng titulo, but we have a verbal agreement na sa akin yng kalahati.

Napatayuan na po ng house yng s side ng brother ko.

Ano po yng procedure para mailipat n sa name ko yng kalahating lupa? Plano ko na dn kc po patayuan ng house yng lupa ko.

Do I need to get a lawyer to do the paper works?

salamat po.

 

There are two ways to do this. First is you can have yourself registered as a co-owner to the lot. Your brother will have to transfer to you (more likely via sale) of 1/2 of the property so that your name will appear on the title. Then you can have the title annotated showing who owns which house on the title. The second option, which is the ideal option is to subdivide the property. Again there has to be a transfer to you of your half of the lot and you will have to go to the LRA to have the title subdivided in two, which means having it surveyed. But at least, you will have your own title. Take note though that if the lot is too small, the LRA won't approve the subdivision. You don't have to get a lawyer, you can also get help from a competent real estate agent or broker.

[SINless]

Hello po,

7 years ago, my family and I bought a vacant lot. nasa pangalan po ng brother ko yng titulo, but we have a verbal agreement na sa akin yng kalahati.

Napatayuan na po ng house yng s side ng brother ko.

Ano po yng procedure para mailipat n sa name ko yng kalahating lupa? Plano ko na dn kc po patayuan ng house yng lupa ko.

Do I need to get a lawyer to do the paper works?

salamat po.

There are two ways to do this. First is you can have yourself registered as a co-owner to the lot. Your brother will have to transfer to you (more likely via sale) of 1/2 of the property so that your name will appear on the title. Then you can have the title annotated showing who owns which house on the title. The second option, which is the ideal option is to subdivide the property. Again there has to be a transfer to you of your half of the lot and you will have to go to the LRA to have the title subdivided in two, which means having it surveyed. But at least, you will have your own title. Take note though that if the lot is too small, the LRA won't approve the subdivision. You don't have to get a lawyer, you can also get help from a competent real estate agent or broker.

Dr. Pepper is my idol when it comes to these things.

[Dr_PepPeR]

There are two ways to do this. First is you can have yourself registered as a co-owner to the lot. Your brother will have to transfer to you (more likely via sale) of 1/2 of the property so that your name will appear on the title. Then you can have the title annotated showing who owns which house on the title. The second option, which is the ideal option is to subdivide the property. Again there has to be a transfer to you of your half of the lot and you will have to go to the LRA to have the title subdivided in two, which means having it surveyed. But at least, you will have your own title. Take note though that if the lot is too small, the LRA won't approve the subdivision. You don't have to get a lawyer, you can also get help from a competent real estate agent or broker.Dr. Pepper is my idol when it comes to these things.

 

And SINless is my idol when it comes to anything about scoring with really pretty girls.

[daspark]

And SINless is my idol when it comes to anything about scoring with really pretty girls.

Thank you po sir Dr_pepper :cool:

[timog]

Thank you po sir Dr_pepper :cool:

 

 

you need to get the service of a Geodetic Engineer or Land Surveyor for this. Igoogle mo na lang.

i paid i think P5,000 for subdividing a lot of my mom into 2.

[teban]

mga sirs question naman po. still having ome problems with the estate tax settlement with regards to my dad.

May sinasabi yung BIR na transfer tax para maprocess yung titolo sa pangalan namin and malaki daw yung hinihingi sabi ng mom ko hinahanap ko sa BIR website yung transfer tax ang lumalabas lang sa forms nila is donors and estate. Could anyone provide me additional info on this?

 

thanks po