Category Archives: Real Estate Laws
Can Real Estate Be Sold Using Only a Photocopy of the Certificate of Title?
Technically, no. But practically, possibly yes. You cannot complete the transfer of ownership of a property via sale, using only a photocopy of the Certificate of Title. But unfortunately, that doesn’t stop unscrupulous scammers. They still try to sell real
How to Deal with Delinquent Tenants
For landlords, property managers and rental property operators, delinquent tenants are probably the most annoying problem that we have to deal with at some point. This is especially frustrating if you’re a good lessor. You’ve already done everything on your
The Power and Responsibility of Issuing Checks
As we operate rental properties, part of our standard requirements from our lessees, are the post-dated checks (cheques). We require these checks to cover each month’s rent in our entire lease contract. And if a person can provide us with
Defaulting Payments – Know Your Rights under Republic Act 6552 (Maceda Law)
Knowing your rights as purchaser of a real estate property under the Maceda Law, will mean a huge difference. It can mean losing everything you have put in for your investment, or getting at least 50% of it back, when
Sale With Assumption of Mortgage: How Does It Really Work?
One of the less common way to sell a property is through a Sale with Assumption of Mortgage. And because it is not the usual way of selling real estate, many people are not familiar with it. We even see
Contract “to Sell” vs. Contract “of Sale”
How is a “Contract to Sell” different from a “Contract of Sale”? Such a small variation in the words, but such a huge difference in meaning and effect. To the sharp observer, the difference is easy to see. But to
The Little-known Property Rights of the Legal Wife vs. That of the Other Woman
Sometimes people just have too much love to give that one person is not enough to receive it all! …and of course that’s just a joke. 😀 People may have all sorts of reasons, but the effects of these decisions
Property for Sale in Philippines: Can Foreigners Own Them?
When foreigners come across a good property for sale in Philippines, a few questions come to mind quickly. One of the very first of these questions is also the most important. Can foreigners own real estate in the country? The
The Taxes Involved in a Sale of Real Estate Property
It has been said that one can only be sure about two things in this life – death and taxes. But we’re gonna have to talk about first one some other time. In this post, we’ll be talking about taxes.
Rent Control Act of 2009 (RA 9653): What Landlords and Tenants Need to Know
Are you a landlord? Or a tenant? You might have heard that the Rent Control Act of 2009 has been extended again, this time until December 31, 2020. This law is beneficial for both landlords and tenants because it protects