⌛ Help, advice on the process of selling land

Hi,

We own a block of land near Dumaguete and we are interested in selling. As we no longer live in Dumaguete, just want to ask for advice on the process of how to go about selling the property. Taxes, agents involved, any recommendation on real estate agent to use etc. At the moment it's a vacant land, over 5000sqm. Thanks

 

As posted on the other thread;

Has the land been surveyed? Has an extrajudicial settlement been awarded? How many heirs? Was there a will?

Larry

 

We're not sure. We're overseas so makes it a bit difficult. There's a will, we had thought that the name was already transferred, but now not sure & don't know how to check online. We were also told that if name wasn't transferred then we'd have to pay yrly tax from when g'parents passed??? Also can council take land without consulting owner to make a road? Thanks

 

posts in other thread removed

 

I sent you a private message. Check it out.

 

Chances are there will be inheritance tax, as well as penalties and interest accrued. You will not find what you are looking for online, the Philippines is about 50 years behind the times in some respects. No, they cannot generally take property to make a road without at least "consulting" the owners, but if the owners whereabouts becomes unknown and taxes are owed, well, yes it may likely be possible.

Larry

 

L.R.A website.

Hi gmay, have a look at the LRA website, it has a FAQ and Contact section, you may be able to obtain the information you require there. Good Luck


www.en.wikipedia.org/...Land_Registration_Authority_(Philippines)

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