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Buying Land In The Philippines Part 6: Tax Declaration in Buyer's Name

Buying Land In The Philippines Part 6: Tax Declaration in Buyer's Name






Posts in This Series:

Disclaimer

This is the sixth part in the series about buying land in the Philippines. As always, nothing you read here is to be taken as legal advice or professional guidance. This is our personal experience that we are sharing with you. So caveat lectorum.

Documents Required By The Municipal Assessor For Issuance Of A New Tax Declaration: 


REQUIRED DOCUMENT
NOTES
New Certificate of Title

Obtained from the previous step.

Deed of Sale


It is a good idea to have multiple copies of the DOAS notarized with original signatures at the time of execution.


 
Transfer Tax Receipt


The Transfer Tax Clearance fee is paid first to the Provincial Treasurer who issues the receipt.


BIR CAR/ Tax Clearance Certificate


Obtained from the Bureau of Internal Revenue.



DAR Clearance


Obtained from the Department of Agrarian Reform.



Real Estate Tax Clearance


Obtained from the Municipal Treasurer.

Technical Description


Obtained as a deliverable from the surveyor if you had the lot subdivided

Otherwise, the Technical Description can be obtained from the Land Management Bureau.

Certified True Copy of the Subdivision Plan (Blue Print)

Obtained as a deliverable from the surveyor if you had the lot subdivided

Otherwise, the Subdivision Plan can be obtained from the Land Management Bureau.



Special Power of Attorney



Required if the applicant is other than the buyer. 

sample SPOA

  



Submission Of Documents

  • We submitted only original documents.
  • Never leave your paperwork or any money without receiving an official receipt.
  • Never use fixers or people who say that they can expedite paperwork.
  • We also had the Assessor stamp "received" on our copy of each document that we submitted.

 

The Bottom Line 


It is very important to acquire an updated copy of your landholdings from the Municipal Assessor every year. This is how you can know that your land is secure in your name and that no one has changed it by error or otherwise.