Transfer Certificate of Title - concept for register of deeds, sale or property.Signed, sealed, delivered – but is the land already yours? Here’s a step-by-step guide on how to transfer a land title under your name.Note: This article is an updated version of the one published last March 11, 2015.Disclaimer: Although much effort has been made in the creation of this guide, Lamudi Philippines and OMI Land Title Services advise homebuyers to always consult with professionals, such as real estate brokers and lawyers.Buying a property is no easy task. The process of acquiring new space doesn’t just stop when you bring out the cash and acquire a Deed of Sale. One of the most crucial steps would be transferring the land title from the seller’s name to the buyer’s name – that’s you!

Best places to buy property in Cambodia. Being a small country in terms of land area and population, there are mainly three cities that draw the biggest interest among property buyers. Let’s have a look. Buying property in Phnom Penh. Not surprisingly, Phnom Penh should be at the top of our list. Certificates of Title Land administration and information is managed by Land Use Victoria. We are responsible for registration of land titles under the Torrens system, General law titles, and the status of Crown land. We register more than 700,000 dealings each year, with 98 per cent of 2.2 million title searches conducted online. There are 3.4. To verify a title's authenticity, check activity on a land title or track progress on a registered or unregistered plan, you can subscribe to a range of reports. The products listed below are designed to assist the varying needs of buyers and sellers of property.

The issuance of a new land title will be the ultimate proof of ownership. After all, you can’t call it yours if it’s not filed under your name, right? And don’t take this for granted! Failure to comply would mean facing technical, legal, and financial issues.Where Do I Begin?

Photo via DepositPhotosEven before the purchase of a property, make sure to plan out the steps of executing the transfer of land title. If you’re not able to do this personally, make sure to hire a duly registered company or a highly trustworthy expert who can go through the process on your behalf. Though take note that along the way, you may have to personally need to go to the government offices for follow-ups and status updates.Once you have the Deed of Sale signed and notarized, deadlines for tax payments are already in effect. Failure to meet deadlines would occur penalties and surcharges – a true pain in the wallet.

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For some cases, if payment has been delayed for several years, the total penalty amount can even be greater than the value of the property at the time of purchase.Acquiring that coveted land title is surely a tedious and long process which can take several months to complete. In some cases, it can take longer than expected if there are problems with the property’s existing documents or records. Numerous back and fourths with multiple government agencies are necessary and a patient attitude is extremely required.Here’s a 6-step guide to help you process the transfer of your land title:. File and secure the required documents at the Office of the Bureau of Internal Revenue Regional District (BIR RDO)Before making your way to the office, make sure you have secured the complete list of all necessary documents. Bring hard copies of the required documents below:. (1) Original copy and (2) photocopies of the notarized Deed of Absolute Sale (DAS). Vehicle simulator infinite money hack.

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(1) Owner’s duplicate copy and (2) photocopies of the Transfer Certificate of Title (TCT) OR the Condominium Certificate of Title (CCT) in case of sale of condominium units. (1) Certified True Copies and (2) photocopies of the latest Tax Declaration for land and improvement of the real property.NOTE: If the property sold is a vacant lot or no improvements have been made on it, a Sworn Declaration of No Improvement by at least one of the transferees or Certificate of No Improvement issued by the city or municipal assessor is required. Tax Identification Numbers (TIN) of the Seller and BuyerTake note that there are additional requirements for certain cases.