Your Online Guide to Property Investing, Buying and Selling in the Philippines
Showing posts with label Revenue District Office. Show all posts
Showing posts with label Revenue District Office. Show all posts
Real Estate Fees
Here's the following fees that you need to consider upon buying and transferring the title to your name
Certificate Authorizing Registration (CAR) from BIR
Requesting a Certificate Authorizing Registration (CAR) from BIR Revenue District Office for the purpose of Land Title Transfer
Requirements:
- BIR Form 1904 (Seller and Buyer)
- Deed of (Absolute) Sale
- Certified True Copy of Title (to obtain at Land Registration Authority)
- Paid Capital Gain Tax
- Paid Documentary Tax
- Certified True Copy of Tax Declaration (to obtain at Assessor's Office City Hall)
- Certificate of No Improvement (to obtain at Assessor's Office City Hall)
- Buyer's Photocopy of valid ID
- Seller's Photocopy of valid ID
- TIN of Seller and Buyer (for verification at BIR office)
If all requirements are complete, must be pass at BIR Revenue District Office of your property. Certificate will be processed in 10 days. After 10 days you can claim the Certificate Authorizing Registration (CAR).
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