Untitled design

How to transfer title in the Philippines.

Transferring a land title in the Philippines involves several steps, including the preparation of documents, tax payments, and registration with various government agencies. Here’s a general guide:

1. Prepare the Requirements:

  • Deed of Sale or Deed of Conveyance or Extrajudicial Settlement of Estate or self adjudication or Deed of Donation (notarized)
  • acknowledgement receipt or Official Receipt of the Notary Public for the Notarization of Deed.
  • Identification documents (Gov’t Issued ID’s) of all parties involved (seller and buyer) with specimen signatures.
  • Verified Taxpayer Identification Number (TIN)
  • Certified True Copy of the Original Land Title
  • Owner’s Duplicate Copy of the Title (TCT or CCT)
  • Certified true copy of the Latest Tax Declaration of Land, Property Holdings if any, or Certificate of no occupancy.
  • Tax Clearance for both Land and property
  • Official Receipt of Real Estate property tax and Association Dues payment.
  • Clearance from the Homeowners Association or Condominium Association
  • Marriage certificate (if Married), Birth Certificate (Heirs), Death Certificate if (Estate) and Certificate of no Marriage(Single)
  • Pictures of the property, and Location Map or Vicinity map of the Property to be transferred.
  • Notarized Special Power of Attorney or Authorization Letter to Process the transfer. (if by representative)
  • Cancellation or Release of Mortgage, if applicable.
  • Board Resolution and Secretary Certificate, if applicable (for Corporation)
  • Certification of Philippine Consulate , if applicable.

2. Pay Capital Gains Tax and Documentary Stamp Tax:

  • This requires submitting documents to the Bureau of Internal Revenue (BIR) for computation and payment.
    • Notarized Deed of Absolute Sale/ Documents of transfer
    • acknowledgement receipt or Official Receipt of the Notary Public for the Notarization of Deed.
    • Certified true copy of the latest Tax Declaration for the Land
    • Certified true copy of Transfer Certificate of Title (TCT)/Condominium Certificate of Title (CCT)/Original Certificate of Title(OCT)
    • Sworn Declaration of No Improvement by at least one(1) of the transferees or Certificate of No Improvement issued by the Assessor’s Office, if applicable.
    • Special power of attorney, if by representative.
    • Certification of Philippine Consulate , if applicable.
    • Cancellation/Release of Mortgage, if applicable.
    • Tin verification for both Buyers and Seller.
    • Identification documents (Gov’t Issued ID’s) of all parties involved (seller and buyer) with specimen signatures
    • Payment must be made to the local partner bank of the BIR RDO
      • Needed Forms in Payment BIR 1706, BIR 2000OT, BIR 0605 (3 Copies)
      • Computation Sheet
      • Board Resolution and Secretary Certificate, if applicable (for Corporation)

3. Obtain a Certificate Authorizing Registration (ECAR):

BIR Certificate Authorizing Registration CAR

  • After paying taxes, the BIR will issue a CAR authorizing the transfer.

4. Register the Transfer with the Local Treasurer’s Office:

  • Submit the CAR for verification and payment of Transfer Tax fees.

5. Register the Transfer with the Registry of Deeds(lra.gov.ph):

  • Submit all required documents, including the CAR, for processing and issuance of a new title under the buyer’s name.
    • Deed of Sale or Deed of Conveyance or Extrajudicial Settlement of Estate or self adjudication or Deed of Donation (notarized)
    • acknowledgement receipt or Official Receipt of the Notary Public for the Notarization of Deed.
    • Identification documents (Gov’t Issued ID’s) of all parties involved (seller and buyer) with specimen signatures.
    • Certified True Copy of the Original Land Title
    • Owner’s Duplicate Copy of the Title (TCT or CCT)
    • ECAR from the BIR
    • Certified true copy of the Latest Tax Declaration of Land, Property Holdings if any, or Certificate of no occupancy.
    • Tax Clearance for both Land and property
    • Official Receipt of Real Estate property tax and Association Dues payment.
    • Clearance from the Homeowners Association or Condominium Association
    • Marriage certificate (if Married), Birth Certificate (Heirs), Death Certificate if (Estate) and Certificate of no Marriage(Single)
    • Pictures of the property, and Location Map or Vicinity map of the Property to be transferred.
    • Notarized Special Power of Attorney or Authorization Letter to Process the transfer. (if by representative)
    • Cancellation or Release of Mortgage, if applicable.
    • E Title from LRA

6. Register the Transfer with the Assessors Office:

  • Submit the Certified True Copies, and other requirement for processing and issuance of a new Tax Declaration under the buyer’s name.
    • Certified Copy of the New Land Title from Registry of Deeds
    • Certified Copy of the Old Title
    • Deed of Sale or Deed of Conveyance or Extrajudicial Settlement of Estate or self adjudication or Deed of Donation (notarized)
    • Copy of ECAR from the BIR
    • Copy of Certified true copy of the Latest Tax Declaration of Land, Property Holdings if any, or Certificate of no occupancy.
    • Copy of Tax Clearance for both Land and property
    • Copy of the Official Receipt of Real Estate property tax and Association Dues payment.

Additional Tips:

  • Consider seeking assistance from a lawyer or a licensed Real Estate Broker to ensure a smooth and legal transfer process. you can visit us at www.rltypro.com.ph
  • List of possible Fees:
    • Real Estate Transfer Fee
Documentation

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