Brian & Monica’s Travel

Brian & Monica’s Travel Foods and Travels ❤️
(1)

14/02/2025

People born on November are products of Valentine's day. 💯

Geh paka pakai andi! Set boundaries ⚠️
08/02/2025

Geh paka pakai andi! Set boundaries ⚠️

Oh my! 😱
07/02/2025

Oh my! 😱

Nganu sa may bukton man nag matchy ug tattoo na pwede man sa agtang nalang aron mas happy 😂
07/02/2025

Nganu sa may bukton man nag matchy ug tattoo na pwede man sa agtang nalang aron mas happy 😂

6 Steps Before Buying Land 📌Step 1: Obtain a Copy of the TitleWhen a real estate agent or landowner offers a property fo...
06/02/2025

6 Steps Before Buying Land 📌

Step 1: Obtain a Copy of the Title

When a real estate agent or landowner offers a property for sale, the first step is to get a copy of the land title.
Investigate at the Register of Deeds using this copy to ensure the land is free of encumbrances such as mortgages, claims, or other issues. Verify that the copy matches exactly with the records at the Register of Deeds to confirm it is genuine and problem-free.

Step 2: Conduct a Relocation Survey

Hire a Geodetic Engineer to conduct a relocation survey of the land boundaries.
Ensure there are no structures or fences from adjacent lots encroaching on the property you intend to buy.

Step 3: Execute a Deed of Sale

If the land is problem-free, proceed to execute a Deed of Sale or "Contract of Sale".
Both the seller and buyer must sign the contract, and it must be notarized.

Step 4: Pay Documentary Stamps

Within one month from the notarization of the Deed of Sale, pay the Documentary Stamps.
This is a crucial payment that must be made promptly to avoid complications.

Step 5: Pay Capital Gains Tax

The seller must pay the Capital Gains Tax to the BIR (Bureau of Internal Revenue) because they earned from the sale.
The BIR will issue a Certificate of Authority to Register, certifying that all taxes have been paid and authorizing the transfer of the title to the buyer.

Step 6: Transfer Fees and Title Transfer

Once you have the Certificate of Authority to Register, take it to the Register of Deeds.
Pay the Transfer Fees, which are relatively inexpensive.

The Register of Deeds will surrender the Owner’s Copy of the title, and you will need to wait for the title transfer process to be completed. Continuous follow-up is necessary because the process at the Register of Deeds can take some time.

Following these steps ensures that the land purchase process is smooth and free from legal issues.

03/09/2023

IV-RUBY REUNION 2023

27/08/2023

Sunday Lunch at Highlands BBQ House 🍽️

19/08/2023

Manihapon ta ninyo..

27/07/2023

So busy 🥲

18/07/2023

Tripping hahahahahaha

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