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🚗🔧 Westlake Tires - The Perfect Fit for Your Toyota Vios! 👍🏔✅High-quality performance: The Westlake 185/60 R15 Tire is d...
07/05/2024

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📁🖥 Mini Slim Desk Drawer Organizer! 😍🔥Spacy slim drawer organizer: The desktop-sized drawer organizer is designed to be ...
20/03/2024

📁🖥 Mini Slim Desk Drawer Organizer! 😍
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Don’t miss the chance to cop this amazing deal!Buy an OPPO A17k for ONLY P4,599 at OPPO’s Official Lazada Store this Feb...
20/02/2024

Don’t miss the chance to cop this amazing deal!

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VALENTINE'S SPECIAL!REDMI NOTE 13 PRO PLUS 5G
13/02/2024

VALENTINE'S SPECIAL!

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Buy REDMI NOTE 13 PRO 5G 8GB+256GB / 12+512GB ANDROID SMARTPHONE online today! Display6.67"AMOLEDResolution: 1.5K - 2712 x 1220446 PPIScreen to body ratio: 94%Refresh rate: 120HzAdaptiveSync display: 30Hz - 120Hz (4 Levels)Dolby Vision®Widevine L1Touch sampling rate: 240HzInstantaneous Touch sampli...

Naghahanap ka ba ng gas stove na mura lang pero matibay? Meron sa shopee nyan! For as low as 639 pesos meron ka nang two...
02/02/2024

Naghahanap ka ba ng gas stove na mura lang pero matibay? Meron sa shopee nyan! For as low as 639 pesos meron ka nang two burner gas stove! Check out na dito! https://shope.ee/7zo5GuuZEO

28/01/2024

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The   is here! Get these Shopee exclusive promos on the   and   from January 16 to 25. Shop now!Check out na dito: https...
22/01/2024

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SALE! SALE! SALE!
18/12/2023

SALE! SALE! SALE!

Sale! Sale! Sale!Sale sa lazada ngayon! Mag check out na!
12/12/2023

Sale! Sale! Sale!

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26/09/2023

Real Estate 101 🔥

Transfer of Title; From mother Title to individual Subdivided Lot

The duration of the Transfer Process depends on the Nature and Origin of the Title.

In most cases, the ”Mother” title or the title that covers the entire property is usually under the name of the deceased parents or relatives of the Seller. This scenario takes the longest time to process. To wit:

1. Ex*****on of the EXTRAJUDICIAL SETTLEMENT OF ESTATE either for Partition or Sale. The ex*****on may take time because it requires the presence of all the heirs who have shares or interest of the property.

2. Next would be the Publication of the ExtraJudicial Settlement of Estate and the Processing and Payment of the Estate Tax.

3. Simultaneously, if the heirs agreed to a certain partition , they must Hire a competent Geodetic Engr., to survey and plot the Subdivision plan based on the agreed partition. Then, it will be submitted to DENR for approval. (This will usually take 3-12 months depending on the DENR.)

4. Upon completing the Publication Requirements, the heirs can now proceed with the BIR to settle the estate tax and wait for eCar to be released. (Usually 3-6 weeks)

5. Once the eCar is released, you may now proceed to the Registry of Deeds to update the Title. From the Old Title named after the deceased parents to the HEIRS.

6. Once the DENR will release the approval of the Partition/Subdivision plan, the heirs may now proceed to the Registry of Deeds (ROD) to apply for the Splitting of Title. This may take up to 6 weeks.

7. After the Titles are individualized and released, the heirs may now proceed to the Assesors for assessment, inspection and issuance of individual Tax Declaration.

8. Note: properties under estate taxes and subdivided among heirs will be annotated with encumbrances for its Liabilities under Sec. 4 Rule 74 for 2 years. This is a protection to all the heirs or creditors that are not aware or not uncluded in partition.

9. If you buy a portion of this property, you may now start the Transfer Process which may include the ff:

9A. Ex*****on of the final Deed of Sale with Title no. And description of the actual portion.

9B. Payment of Capital Gains Tax, Documentary Stamp Tax and other transfer Fees.

9C. After settling the BIR transfer Tax, you may now obtain your eCAR from from the BIR. (3-8 weeks)

9D. Once the eCAR is available, you may now proceed to the ROD for the transfer of title. (3-8 weeks)

9E. After the Release of the Title, you have to proceed to the Assessors office for inspection, assessment and issuance of new Tax Declaration.

The entire processing usually take 18-36 months depending on fast you can comply with all the requirements.

19/09/2023

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