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The Land Registration Authority ( LRA; Filipino: Pangasiwaan sa Patalaan ng Lupain) is an agency of the Philippine government attached to the Department of Justice responsible for issuing decrees of registration and certificates of title and register documents, patents and other land transaction for the benefit of landowners, agrarian reform ...
v. t. e. Torrens title is a land registration and land transfer system, in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register.
v. t. e. A transfer tax is a tax on the passing of title to property from one person (or entity) to another. In a narrow legal sense, a transfer tax is essentially a transaction fee imposed on the transfer of title to property from one entity to another. This kind of tax is typically imposed where there is a legal requirement for registration ...
A real estate transfer tax, sometimes called a deed transfer tax or documentary stamp tax, is a one-time tax or fee imposed by a state or local jurisdiction upon the transfer of real property. In ...
The Register of Deeds, City of Manila (G.R. No. L-630) was a landmark case decided by the Philippine Supreme Court, which further solidified the prohibition of the Philippine Constitution that aliens may not acquire private or public agricultural lands, including residential lands. The decision was promulgated on November 15, 1947.
By adding another person to a deed, you are essentially gifting them a portion of the property’s value, which may trigger the gift tax. Gift tax is a federal levy on transfers of money or ...
Land registration. Land registration is any of various systems by which matters concerning ownership, possession, or other rights in land are formally recorded (usually with a government agency or department) to provide evidence of title, facilitate transactions, and prevent unlawful disposal. The information recorded and the protection ...
How a transfer of mortgage works. When you transfer a mortgage, another person assumes the financial responsibility of repaying the outstanding loan balance, under the same terms and conditions ...