Comments on: Update and Issue: Tax Declaration and Land Title Under Different Names

By: Pwede Padala Gal

Pwede Padala Gal — Wed, 20 Nov 2019 03:15:56 +0000

In reply to Ariel. It seems sketchy so I stayed away from it. I was able to buy a property with no document problems. Keep looking for other properties. Something will come up. Patience keeps hassle away.

By: Ariel

Ariel — Wed, 06 Nov 2019 02:41:20 +0000

In reply to Anna Lynn Manalo. Binili nyo po ba yong property na tax declaration lang? Okay po ba processeso? Meron kase inooffer rin sa akin na tax declaration lang din tapos ready for title raw.

By: Anna Lynn Manalo

Anna Lynn Manalo — Wed, 17 Jul 2019 04:49:53 +0000

Hi! We are planning to buy a lot in Indang Cavite however it is not titled. But the seller has the tax declaration, deed of sale and certicate from the court that certifies that it is under her name already. She also the docs from LTR. She paid the tax for 10 years with her name on it. Is it okay and safe to buy the said property?

By: Real Guy

Real Guy — Thu, 11 Jul 2019 12:32:46 +0000

The system is for your own protection.

If the title is in the name of Mr. A, but the Tax Declaration is in the name of Mr.B, then it is entirely possible that there is another claimant to the said property – even if Mr. A has the title to it. Remember, nobody can say who has the better claim (not PNB, or the Assessors office, etc) between them but only the Court. That situation maybe is what is commonly called as a Multiple claimant in the Assessors Office lingo. So probably,the PNB being wise in these ways of loan applications and in order to protect their own interest, was IMHO right to be wary – and it should have raise some red flags on you and your family’s part!

If the previous owner failed to cancel his old tax declaration upon selling the real estate or if your seller failed to get another tax declaration in his name for whatever reason (which is his legal obligation under Philippine laws) – then another red flag! That is why in buying a real property, the title title must be “clean”, and all the necessary documents – including the Tax Decs are in order, before you part with your hard earned cash. And also do not forget to check the Zoning Laws of the place with the City Planning Office.

I hope everything goes well for you and your family. Buying a house entails a lot of stress, how much more for a long distance transaction ( Disclosure: I am from the Assessors Office, and also is a licensed Real Estate Consultant). Good luck.

By: Geri

Geri — Wed, 22 May 2019 08:39:33 +0000

Hi Pwede Padala Gal. Enjoying your blog. We see a lot of properties for sale na tax declaration lang and it’s very tempting given the much cheaper price but as you mentioned, it comes with Legal risks which can give us headaches along the way. Keep on writing! 🙂

By: Pwede Padala Gal

Pwede Padala Gal — Tue, 09 Apr 2019 23:28:56 +0000

In reply to Luis. Hi Luis. Thanks for the question which remind me to update the post. I decided not to buy the property which could lead to so much hassle. In the end, I was able to purchase a house and lot with clean record and in a better location. It does pay to listen to intuition or gut instinct. Good luck to your journey of house hunting.