Property in the Philippines
Property in the Philippines
Settlement of Estate of Deceased Edgardo M. Lopez and Renato Bautista Jr. of Filipino Law Group discuss issues related to the Settlement of Estate of Deceased. Settlement of Estate of Deceased – Filipino Law Group FLG (Filipino Law Group) – Settlement of Estate of Deceased
Read MoreMISSED PAYMENTS ON REAL ESTATE FINANCING
YOUR RIGHT IF YOU MISS PAYMENTS ON YOUR REAL ESTATE FINANCING A lot of Filipino-Americans in the U.S. are buying real estate properties in the Philippines, like condos, townhouses or residential homes, as vacation houses or for investment purposes. Most of these purchases are financed either by a bank or the seller, and the buyer…
Read MoreLand Title Issues In The Philippines
Do You Have a Clean Land Title? With the proliferation of fake land titles and fraudulent sales of lands in the Philippines, nothing is more important in buying real estate properties there than verifying the authenticity of the title or making sure there are no limitations or legal claims on the land. In short, you…
Read MoreSelling Inherited Real Estate Property
For those living here in the U.S., most would rather sell the real estate properties they inherited in the Philippines than deal with the hassle of maintaining properties thousands of miles away, not to mention the costs. There are, however, important things one must know to ensure that the sale goes smoothly and legally. First,…
Read MoreExtrajudicial Settlement of Estate: When Your Loved One Passes Away
Nothing is more difficult than losing a loved one, but we must learn to live with this unavoidable fact of life and move on when it happens. One of the things we have to deal with in moving on is settling the estate of the deceased. In this article we’ll explore two options in the…
Read MoreThe Estate Tax
The estate tax is a tax on the right of the decedent to transmit his/her estate to his/her lawful heirs and beneficiaries at the time of death and on certain transfers, which are made by law as equivalent to testamentary disposition. This is not a tax on the properties inherited, but a tax on the…
Read MoreForeigners can own property in the Philippines . . . in certain cases
Foreigners can own property in the Philippines . . . in certain cases. By Atty. Jun Bautista While ownership of land in the Philippines is as a rule reserved only to Filipino citizens, there is a way –in fact many ways –for Non-Filipinos to legally purchase and own land in the Philippines. One is in…
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