Eastern Visayas BMC Services

Eastern Visayas BMC Services Eastern Visayas BMC Services firm located at #402 Sta. Isabel St., Licod, Tanauan, Leyte 6502

WHY IS IT IMPORTANT TO HAVE A TITLE OVER YOUR PROPERTY?A title over your property in the Philippines is important for a ...
20/05/2023

WHY IS IT IMPORTANT TO HAVE A TITLE OVER YOUR PROPERTY?

A title over your property in the Philippines is important for a number of reasons, including:

* It proves your ownership of the property.
A title is a legal document that shows that you are the rightful owner of a piece of property. This is important in case there are any disputes over the property, such as if someone else tries to claim ownership of it.

* It allows you to sell or mortgage the property.
If you want to sell or mortgage your property, you will need to have a title. This is because lenders and buyers will want to be sure that you are the rightful owner of the property before they agree to do business with you.

* It gives you the right to use the property.
A title gives you the right to use the property as you see fit. This includes the right to live on the property, rent it out, or build on it.

* It protects you from land grabbing.
Land grabbing is a serious problem in the Philippines. Having a title can help to protect you from land grabbing by showing that you are the rightful owner of the property.

If you own property in the Philippines, it is important to make sure that you have a title. If you do not have a title, you may be at risk of losing your property to someone else.

Here are some of the steps you can take to get a title for your property in the Philippines:
1. Hire a firm or a lawyer who specializes in property law.
2. Gather all of the necessary documents, such as the deed of sale, tax declarations, and survey plans.
3. File an application for a title with the Registry of Deeds.
4. Pay the required fees.
5. Wait for the title to be processed and issued.

The process of getting a title for your property can be long and complicated, but it is worth it to protect your ownership of the property.





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TAX DECLARATION vs. TITLEA tax declaration is a document that reflects the value of real property for purposes of real p...
17/05/2023

TAX DECLARATION vs. TITLE

A tax declaration is a document that reflects the value of real property for purposes of real property tax, assessed against the owner/taxable person or entity. It is issued by the local government unit where the property is located. A title, on the other hand, is a document that proves ownership of a property. It is issued by the Registry of Deeds.

The main difference between a tax declaration and a title is that a tax declaration is not a proof of ownership. It is simply a document that shows that the person named on the declaration has paid the real property taxes for the property. A title, on the other hand, is a document that proves that the person named on the title is the owner of the property.

A tax declaration is important because it is used to determine the amount of real property tax that a person must pay. A title is important because it is used to prove ownership of a property in case of a dispute.

Here are some additional details about tax declarations and titles:
• A tax declaration is typically renewed every year.
• A title is a permanent document.
• A tax declaration can be used to obtain a title.
• A title can be used to obtain a loan.

If you are buying a property, it is important to make sure that the seller has a valid title. You can check the title at the Registry of Deeds.





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Address

#402 Sta. Isabel Street, Licod
Tanauan
6502

Telephone

+639177270076

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