Procedure In Acquiring Land Title Through Deed Of Sale

Procedure In Acquiring Land Title Through Deed Of Sale



1st Step: Execute Deed Of Sale

2nd Step: Annotation of OCT or TCT and the executed deed of sale to the office of the Register of Deeds.

3rd Step: Proceed to the Assessor's Office for the issuance of the following:
          a. Payment of the Realty Tax, if any
          b. Latest certified copy of a Tax Declaration
          c. Issuance of Tax Clearance
          d. Payment of Transfer Tax, if any (75% of 1.0% of the assessed value)
          e. Issuance of Transfer Tax Clearance.
4th Step: Proceed to District/Regional Office of BIR

1.Present the following:
          a. Deed of Sale
          b. Owner's Duplicate Copy of OCT/TCT
          c. Tax Clearance
          d. Transfer Tax Certificate
          e. Certification of No Improvement from the Assesor's Office and Affidavit executed by the taxpayer

2. Payment of Capital Gains Tax, if any (75% of the Zonal Value)
3. Payment of the Documentary Stamp Tax, (1% of the Zonal Value)
4. Issuance of Capital Gains Tax Certificate
5. Issuance of Certificate Authorizing Registration

5th Step: Proceed to Register of Deeds

1. Present the following
          a. Owner's Duplicate Copy of OCT/TCT
          b. Transfer Tax Receipt
          c. Certified Copy of the Tax Declaration
          d. Tax Clearance Certificate
          e. Realty Tax Clearance
          f. Documentary Stamp Tax
          g. Capital Gains Tax Clearance
          h. Certificate Authorizing Registration (CAR)

2. Filling of Application Form

3. Payment of Fees, If any

4. Issuance of Transfer Certificate of Title

Note: Payments are made depending on the location of the property and year of acceptance. Table of payments available in each office concerned

article source: http://es.pnp.gov.ph/index.php?option=com_content&view=article&id=36&Itemid=42