Sitoy Accounting & Legal Consultancy Services

Sitoy Accounting & Legal Consultancy Services Simplifying your business and legal needs! ๐Ÿงพโœ๏ธ We handle accounting and legal services.

๐Ÿ“ฉMessage us todayโ€”letโ€™s turn your goals into reality!

Ready for your 2025 year-end tax compliance?We have summarized the 2025 year-end tax compliance requirements below. This...
11/12/2025

Ready for your 2025 year-end tax compliance?

We have summarized the 2025 year-end tax compliance requirements below. This is designed to ensure that you remain informed, maximize available benefits, and secure a strong financial close to the year.

For guidance specific to your business needs, our team is here to help. Contact us at 09224611752 | 09758801198 and secure your year end compliance today!

There is no need for your resignation letter to be formally approved by your employer. Resignation is a voluntary act, a...
19/06/2025

There is no need for your resignation letter to be formally approved by your employer. Resignation is a voluntary act, and once you have submitted your resignation letter and complied with the required minimum 30-day notice period, your employer is legally bound to acknowledge it. The 30-day tender period allows the company time to prepare for your departure, but your resignation remains effective regardless of whether the employer accepts or rejects it.

You don't even need a valid reason - as long as you want to resign and you submit a resignation letter to your employer, that's already enough.

โš–๏ธ๐Ÿกโ—๏ธ May nabili ka bang Lupa na Tax Declaration lang? โ—๏ธ๐Ÿกโš–๏ธIs a Sale of Land Without a Title Valid?Yes, a sale of land ...
03/03/2025

โš–๏ธ๐Ÿกโ—๏ธ May nabili ka bang Lupa na Tax Declaration lang? โ—๏ธ๐Ÿกโš–๏ธ

Is a Sale of Land Without a Title Valid?

Yes, a sale of land based on a tax declaration is valid under certain circumstances, but it is important to emphasize that such a transaction is fraught with risk. Under Philippine law, the sale of untitled property is generally governed by the principles of contracts under the Civil Code. The sale would be considered valid between the parties if there was mutual consent, consideration (i.e., the purchase price), and a valid object (i.e., the land itself).

However, the lack of a title complicates the matter when it comes to asserting ownership against third parties. The buyer's rights to the land are only as strong as the seller's ability to prove ownership, which, without a title, could be highly contested.

โœ”๏ธWhat Can a Buyer Do? Legal Steps to Secure Ownership

If you have already purchased land with only a tax declaration as proof of ownership, there are legal remedies available to mitigate the risks and protect your investment. These steps involve legal procedures and actions aimed at securing or verifying your rights over the property.

a. Judicial or Administrative Titling

If the land is not yet titled, the buyer can apply for a title through either judicial or administrative processes:

โœ”๏ธJudicial Titling (Judicial Confirmation of Imperfect Title): This process involves filing a petition in court to confirm that the applicant has been in possession of the property for at least 30 years. If successful, the court will order the issuance of a title in the applicant's name.

โœ”๏ธAdministrative Titling: Under Republic Act No. 10023 (An Act Authorizing the Issuance of Free Patents to Residential Lands), individuals may apply for a title administratively for untitled residential lands. The law requires possession of the land for a minimum period (typically 10 years) and compliance with other documentary requirements.

Both processes can be complex and time-consuming, but they are essential for converting a property with only a tax declaration into titled land under the Torrens system.

b. Conduct a Title Verification Search

If there is any possibility that the land is covered by a title (either by the seller or an unknown third party), it is advisable to conduct a title search with the Register of Deeds. This can help determine if there are existing claims or encumbrances on the property that the seller did not disclose. If a title is found in someone elseโ€™s name, the buyer should consult a lawyer immediately, as this could indicate a fraudulent or erroneous sale.

c. Obtain Legal Possession of the Property

Assuming there are no other claimants, a buyer can strengthen their claim by taking actual possession of the property. Possession entails having physical control and use of the property, which can support a claim of ownership in the long term. Philippine law provides that actual possession of land for a significant period can lead to ownership rights through the legal doctrine of acquisitive prescription, particularly if no title exists and the possessor has been in continuous, open, and adverse possession of the property.

CTO

๐Ÿ“‘ ๐๐ž๐ž๐ ๐ฌ๐จ๐ฆ๐ž๐จ๐ง๐ž ๐ญ๐จ ๐ก๐š๐ง๐๐ฅ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐จ๐œ๐ฎ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ก๐š๐ฌ๐ฌ๐ฅ๐ž-๐Ÿ๐ซ๐ž๐ž? Let ๐‘บ๐’Š๐’•๐’๐’š ๐‘จ๐’„๐’„๐’๐’–๐’๐’•๐’Š๐’๐’ˆ ๐’‚๐’๐’… ๐‘ณ๐’†๐’ˆ๐’‚๐’ ๐‘ช๐’๐’๐’”๐’–๐’๐’•๐’‚๐’๐’„๐’š ๐‘บ๐’†๐’“๐’—๐’Š๐’„๐’†๐’” take care of it for you! โœ… Fast, reliable, and professional processingโ€”so you can focus on what matters most. โ„‚๐• ๐•Ÿ๐•ฅ๐•’๐•”๐•ฅ ๐•ฆ๐•ค ๐•ฅ๐• ๐••๐•’๐•ช! ๐Ÿ“ž๐Ÿ’ผ

๐Ÿก๐‘ฉ๐’–๐’š๐’Š๐’๐’ˆ ๐’‚ ๐’‘๐’“๐’๐’‘๐’†๐’“๐’•๐’š ๐’๐’“ ๐’‚๐’๐’“๐’†๐’‚๐’…๐’š ๐’‘๐’–๐’“๐’„๐’‰๐’‚๐’”๐’†๐’… ๐’๐’๐’† ๐’ƒ๐’–๐’• ๐’‰๐’‚๐’—๐’†๐’โ€™๐’• ๐’•๐’“๐’‚๐’๐’”๐’‡๐’†๐’“๐’“๐’†๐’… ๐’•๐’‰๐’† ๐’•๐’Š๐’•๐’๐’† ๐’•๐’ ๐’š๐’๐’–๐’“ ๐’๐’‚๐’Ž๐’† ๐’š๐’†๐’•? Donโ€™t worryโ€”weโ€™ve got yo...
11/02/2025

๐Ÿก๐‘ฉ๐’–๐’š๐’Š๐’๐’ˆ ๐’‚ ๐’‘๐’“๐’๐’‘๐’†๐’“๐’•๐’š ๐’๐’“ ๐’‚๐’๐’“๐’†๐’‚๐’…๐’š ๐’‘๐’–๐’“๐’„๐’‰๐’‚๐’”๐’†๐’… ๐’๐’๐’† ๐’ƒ๐’–๐’• ๐’‰๐’‚๐’—๐’†๐’โ€™๐’• ๐’•๐’“๐’‚๐’๐’”๐’‡๐’†๐’“๐’“๐’†๐’… ๐’•๐’‰๐’† ๐’•๐’Š๐’•๐’๐’† ๐’•๐’ ๐’š๐’๐’–๐’“ ๐’๐’‚๐’Ž๐’† ๐’š๐’†๐’•? Donโ€™t worryโ€”weโ€™ve got you covered! Hereโ€™s a ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ž, ๐ฌ๐ญ๐ž๐ฉ-๐›๐ฒ-๐ฌ๐ญ๐ž๐ฉ ๐ ๐ฎ๐ข๐๐ž to make your ๐•‹๐•š๐•ฅ๐•๐•– ๐•‹๐•ฃ๐•’๐•Ÿ๐•ค๐•—๐•–๐•ฃ process smooth and hassle-free. โœ…โœจ

๐’๐“๐„๐ ๐Ÿ. ๐๐‘๐„๐๐€๐‘๐„ ๐“๐‡๐„ ๐๐„๐„๐ƒ๐„๐ƒ ๐ƒ๐Ž๐‚๐”๐Œ๐„๐๐“๐’.
a. Original Ownerโ€™s Duplicate Copy of Title
b. Notarized Deed of Absolute Sale
c. Certified True Copy of Title
d. Certified True Copy of Declaration
e. Updated Tax Clearance
f. Certificate of No Improvements
g. If with improvements, Tax Dec and Tax Clearance of Improvements
h. Government issued ID of buyers and sellers with specimen signatures
โ€ข ๐‘จ๐’…๐’…๐’Š๐’•๐’Š๐’๐’๐’‚๐’ ๐’…๐’๐’„๐’–๐’Ž๐’†๐’๐’•๐’” ๐’๐’†๐’†๐’…๐’†๐’… ๐’Š๐’‡ ๐‘จ๐’ˆ๐’“๐’Š๐’„๐’–๐’๐’•๐’–๐’“๐’‚๐’ ๐‘ณ๐’‚๐’๐’…
i. DAR Clearance
ii. Notarized affidavit of Total Land Holdings from the Transferee
iii. Notarized affidavit of Non-Tenancy executed by the Transferor

๐’๐“๐„๐ ๐Ÿ. ๐†๐Ž ๐“๐Ž ๐€๐’๐’๐„๐’๐’๐Ž๐‘โ€™๐’ ๐Ž๐…๐…๐ˆ๐‚๐„
- Give a copy of the Deed of Absolute Sale and make sure to have a stamped received copy .

๐’๐“๐„๐ ๐Ÿ‘. ๐†๐Ž ๐“๐Ž ๐๐ˆ๐‘
- Assessment for Capital Gains Tax and Documentary Stamps Tax and pay with accredited banks
- Capital Gains Tax should be paid within 30 days after the notarization of the Deed of Absolute Sale
- Documentary Stamps Tax should be paid before the 5th day of the following month

๐’๐“๐„๐ ๐Ÿ’. ๐€๐…๐“๐„๐‘ ๐๐€๐˜๐Œ๐„๐๐“ ๐†๐Ž ๐๐€๐‚๐Š ๐“๐Ž ๐๐ˆ๐‘
- Submit proof of payment
- Get a claim slip to get CAR (Certificate Authorizing Registration)

๐’๐“๐„๐ ๐Ÿ“. ๐†๐Ž ๐“๐Ž ๐‚๐ˆ๐“๐˜/๐๐‘๐Ž๐•๐ˆ๐๐‚๐ˆ๐€๐‹ ๐“๐‘๐„๐€๐’๐”๐‘๐„๐‘โ€™๐’ ๐Ž๐…๐…๐ˆ๐‚๐„
- Pay Transfer Tax and get Transfer Tax Receipt

๐’๐“๐„๐ ๐Ÿ”. ๐†๐Ž ๐“๐Ž ๐‘๐„๐†๐ˆ๐’๐“๐‘๐˜ ๐Ž๐… ๐ƒ๐„๐„๐ƒ๐’
- Submit all documents and pay the registration fee
- The Registry of Deeds will issue receipts and claim slip for the release of the new title

๐’๐“๐„๐ ๐Ÿ•. ๐†๐Ž ๐“๐Ž ๐€๐’๐’๐„๐’๐’๐Ž๐‘โ€™๐’ ๐Ž๐…๐…๐ˆ๐‚๐„
- Change the name in the Tax Declaration

๐Ÿ“‘ ๐๐ž๐ž๐ ๐ฌ๐จ๐ฆ๐ž๐จ๐ง๐ž ๐ญ๐จ ๐ก๐š๐ง๐๐ฅ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐จ๐œ๐ฎ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ก๐š๐ฌ๐ฌ๐ฅ๐ž-๐Ÿ๐ซ๐ž๐ž? Let ๐‘บ๐’Š๐’•๐’๐’š ๐‘จ๐’„๐’„๐’๐’–๐’๐’•๐’Š๐’๐’ˆ ๐’‚๐’๐’… ๐‘ณ๐’†๐’ˆ๐’‚๐’ ๐‘ช๐’๐’๐’”๐’–๐’๐’•๐’‚๐’๐’„๐’š ๐‘บ๐’†๐’“๐’—๐’Š๐’„๐’†๐’” take care of it for you! โœ… Fast, reliable, and professional processingโ€”so you can focus on what matters most. โ„‚๐• ๐•Ÿ๐•ฅ๐•’๐•”๐•ฅ ๐•ฆ๐•ค ๐•ฅ๐• ๐••๐•’๐•ช! ๐Ÿ“ž๐Ÿ’ผ

Address

Poblacion
Cordova
6017

Website

Alerts

Be the first to know and let us send you an email when Sitoy Accounting & Legal Consultancy Services posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share