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Pabrika Aquisition?

Discussion in 'Off-Topic Forum' started by Onggoy Diyos, Jan 10, 2012.

  1. firefly

    firefly DI Senior Member

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    Bebasguy,
    Getting a certified true copy is just a first step in acquiring real property.
    It is one of many steps you have to take, and if you are serious in buying this property it is not a waste of money, it is an obligatory piece of paperwork you will need to buy the property.
    And if the tittle is in the name of the seller, no one else can claim this property.
    The problem starts when HEIRS are selling something that is only part of them.
     
  2. shadow

    shadow DI Forum Luminary

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    Well, in that case, I see lots of pabrika bata every time I go downtown!

    Larry
     
  3. OP
    OP
    Onggoy Diyos

    Onggoy Diyos DI Junior Member

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    Wouldn't that be mga pabrikang bata?
     
  4. firefly

    firefly DI Senior Member

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    Land in the Philippines is not cheap. While the population is constantly growing, the available land is remaining the same.
    Some people think they hit the jackpot by finding some cheap land, in reality they step on a booby-trap.
    -DAR (Department of Agrarian Reform) is such a booby-trap, it is land distributed for free to farmers in the Agrarian Reform Program of the government.
    Farmers are allowed to sell this land after they have used it for 10 (Ten) years, but buyers are in for a long and pain full experience in getting it transferred in their name.
    And there are more booby traps available.
    -Buying land from a deceased person that has not been subdivided among the heirs is a possible booby trap but it has also some potential if you know how.
    -Buying land, let say 500 m2 if you see that the tittle speaks of 2,000 m2 is such a booby trap.
    -Forget about the fairy tale of "clean tittle", for some Filippino's a clean tittle means that the tittle is in a clean safe of the bank, while it was mortgaged.
    -Never deal on acquiring land, based on a xerox of the tittle, ask to see the real tittle and ask for a(n exact) copy tot study it.
    It is not so difficult, if you see the word DAR in the tittle, if you see the date in the tittle perhaps 1960 while the seller is 40 years old, a bell should start ringing.
    About possible claims afterwards, just common sense says - arrange this in advance - not afterwards.
    Do you need a lawyer to help you with the transfer of property? NO.
    Do you need a notary in the process? Yes.
    Since most, if not all notary are lawyers, just select a notary/lawyer to notarize the deed of sale.
     
  5. KTM

    KTM DI Senior Member

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    Really? Well "-u-k me", one learns something new on here, everyday.
     
  6. Rhoody

    Rhoody DI Forum Luminary

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    hehe I like that

    However, the original Tagalog Alphabet was 20 letter:

    A – "A" B – "Ba" K – "Ka" D – "Da" E – "E" G – "Ga" H – "Ha" I – "I" L – "La" M – "Ma"
    N – "Na" Ng – "Nga" O – "O" P – "Pa" R – "Ra" S – "Sa" T – "Ta" U – "U" W – "Wa" Y – "Ya"

    When I heard about that some years ago, I was wondering where Boracay and Cebu originated.
    Boracay from Bora Bora and Cebu from Sugbo.

    The not existing "V" is probably the reason why we speak Bisayan down here.

    _heers

    Rhoody
     
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