Real Property Transfers and Registration
This refers to the legal process of changing ownership or title of real estate from one party to another, and officially recording the transaction with the relevant authorities.
What are the modes of real property transfers in the Philippines?
The modes include transfers through sale, donation, inheritance, extrajudicial settlement, through a court order, land partition, or public land grant.
Is there a standard procedure of fully transferring a real property from one to another?
The process in transferring a property to another varies depending on the nature of the property, the circumstances surrounding the property, and intent of the parties or entities involved.
It is highly recommended to consult a competent professional to ensure that these transfers comply with the legal and taxation requirements and likewise, to protect the rights of all parties involved or affected by such modes of property transfers.
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"If you think that compliance is expensive, try non-compliance!"
Paul McNulty (former US Deputy Attorney General)
