• 6 Steps Before Buying Land

    Step 1: Obtain a Copy of the Title

    When a real estate agent or landowner offers a property for sale, the first step is to get a copy of the land title.
    Investigate at the Register of Deeds using this copy to ensure the land is free of encumbrances such as mortgages, claims, or other issues. Verify that the copy matches exactly with the records at the Register of Deeds to confirm it is genuine and problem-free.

    Step 2: Conduct a Relocation Survey

    Hire a Geodetic Engineer to conduct a relocation survey of the land boundaries.
    Ensure there are no structures or fences from adjacent lots encroaching on the property you intend to buy.

    Step 3: Execute a Deed of Sale

    If the land is problem-free, proceed to execute a Deed of Sale or "Contract of Sale".
    Both the seller and buyer must sign the contract, and it must be notarized.

    Step 4: Pay Documentary Stamps

    Within one month from the notarization of the Deed of Sale, pay the Documentary Stamps.
    This is a crucial payment that must be made promptly to avoid complications.

    Step 5: Pay Capital Gains Tax

    The seller must pay the Capital Gains Tax to the BIR (Bureau of Internal Revenue) because they earned from the sale.
    The BIR will issue a Certificate of Authority to Register, certifying that all taxes have been paid and authorizing the transfer of the title to the buyer.

    Step 6: Transfer Fees and Title Transfer

    Once you have the Certificate of Authority to Register, take it to the Register of Deeds.
    Pay the Transfer Fees, which are relatively inexpensive.

    The Register of Deeds will surrender the Owner’s Copy of the title, and you will need to wait for the title transfer process to be completed. Continuous follow-up is necessary because the process at the Register of Deeds can take some time.

    Following these steps ensures that the land purchase process is smooth and free from legal issues.
    6 Steps Before Buying Land 📌 Step 1: Obtain a Copy of the Title When a real estate agent or landowner offers a property for sale, the first step is to get a copy of the land title. Investigate at the Register of Deeds using this copy to ensure the land is free of encumbrances such as mortgages, claims, or other issues. Verify that the copy matches exactly with the records at the Register of Deeds to confirm it is genuine and problem-free. Step 2: Conduct a Relocation Survey Hire a Geodetic Engineer to conduct a relocation survey of the land boundaries. Ensure there are no structures or fences from adjacent lots encroaching on the property you intend to buy. Step 3: Execute a Deed of Sale If the land is problem-free, proceed to execute a Deed of Sale or "Contract of Sale". Both the seller and buyer must sign the contract, and it must be notarized. Step 4: Pay Documentary Stamps Within one month from the notarization of the Deed of Sale, pay the Documentary Stamps. This is a crucial payment that must be made promptly to avoid complications. Step 5: Pay Capital Gains Tax The seller must pay the Capital Gains Tax to the BIR (Bureau of Internal Revenue) because they earned from the sale. The BIR will issue a Certificate of Authority to Register, certifying that all taxes have been paid and authorizing the transfer of the title to the buyer. Step 6: Transfer Fees and Title Transfer Once you have the Certificate of Authority to Register, take it to the Register of Deeds. Pay the Transfer Fees, which are relatively inexpensive. The Register of Deeds will surrender the Owner’s Copy of the title, and you will need to wait for the title transfer process to be completed. Continuous follow-up is necessary because the process at the Register of Deeds can take some time. Following these steps ensures that the land purchase process is smooth and free from legal issues.
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  • 6 Steps Before Buying Land

    Step 1: Obtain a Copy of the Title

    When a real estate agent or landowner offers a property for sale, the first step is to get a copy of the land title.
    Investigate at the Register of Deeds using this copy to ensure the land is free of encumbrances such as mortgages, claims, or other issues. Verify that the copy matches exactly with the records at the Register of Deeds to confirm it is genuine and problem-free.

    Step 2: Conduct a Relocation Survey

    Hire a Geodetic Engineer to conduct a relocation survey of the land boundaries.
    Ensure there are no structures or fences from adjacent lots encroaching on the property you intend to buy.

    Step 3: Execute a Deed of Sale

    If the land is problem-free, proceed to execute a Deed of Sale or "Contract of Sale".
    Both the seller and buyer must sign the contract, and it must be notarized.

    Step 4: Pay Documentary Stamps

    Within one month from the notarization of the Deed of Sale, pay the Documentary Stamps.
    This is a crucial payment that must be made promptly to avoid complications.

    Step 5: Pay Capital Gains Tax

    The seller must pay the Capital Gains Tax to the BIR (Bureau of Internal Revenue) because they earned from the sale.
    The BIR will issue a Certificate of Authority to Register, certifying that all taxes have been paid and authorizing the transfer of the title to the buyer.

    Step 6: Transfer Fees and Title Transfer

    Once you have the Certificate of Authority to Register, take it to the Register of Deeds.
    Pay the Transfer Fees, which are relatively inexpensive.

    The Register of Deeds will surrender the Owner’s Copy of the title, and you will need to wait for the title transfer process to be completed. Continuous follow-up is necessary because the process at the Register of Deeds can take some time.

    Following these steps ensures that the land purchase process is smooth and free from legal issues.

    ctto
    #viral #follower #viral #everyoneシ
    6 Steps Before Buying Land 📌 Step 1: Obtain a Copy of the Title When a real estate agent or landowner offers a property for sale, the first step is to get a copy of the land title. Investigate at the Register of Deeds using this copy to ensure the land is free of encumbrances such as mortgages, claims, or other issues. Verify that the copy matches exactly with the records at the Register of Deeds to confirm it is genuine and problem-free. Step 2: Conduct a Relocation Survey Hire a Geodetic Engineer to conduct a relocation survey of the land boundaries. Ensure there are no structures or fences from adjacent lots encroaching on the property you intend to buy. Step 3: Execute a Deed of Sale If the land is problem-free, proceed to execute a Deed of Sale or "Contract of Sale". Both the seller and buyer must sign the contract, and it must be notarized. Step 4: Pay Documentary Stamps Within one month from the notarization of the Deed of Sale, pay the Documentary Stamps. This is a crucial payment that must be made promptly to avoid complications. Step 5: Pay Capital Gains Tax The seller must pay the Capital Gains Tax to the BIR (Bureau of Internal Revenue) because they earned from the sale. The BIR will issue a Certificate of Authority to Register, certifying that all taxes have been paid and authorizing the transfer of the title to the buyer. Step 6: Transfer Fees and Title Transfer Once you have the Certificate of Authority to Register, take it to the Register of Deeds. Pay the Transfer Fees, which are relatively inexpensive. The Register of Deeds will surrender the Owner’s Copy of the title, and you will need to wait for the title transfer process to be completed. Continuous follow-up is necessary because the process at the Register of Deeds can take some time. Following these steps ensures that the land purchase process is smooth and free from legal issues. ctto #viral #follower #viral #everyoneシ゚
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  • Ruth Kadiri!! Ruth Kadiri!! Ruth Kadiri!! How many times did I call you? Just come here and pack your flowers because you deserve a garden

    Movie Title: African Husband

    Storyline: A beautiful woman panics and has issues with her sweet husband after he requested that they have another baby 5 years after they had their first child. She suffered a lot during her previous pregnancy and hadn’t gotten over the phobia yet, so her husband requesting for another child stirred up some confusion, anger and frustration in her!! She brought up the idea of getting a surrogate but her husband wasn’t buying the idea at all so she went behind his back to steal his sperm for the process. Want to know how it all played out?

    Amazing cast - Ruth Kadiri is who she said she is and even more… her acting skills are just over the moon. She too like ki$$ing scenes shaAfter Timini Egbuson and Maurice Sam, just give me Deza The Great… he is a born actor he delivered his role without leftovers You see that part where Ruth Kadiri sipped the glass of wine and glass of water at the same time, that’s my favorite part Oby Titus was super amazing - apart from the fact that that woman is ageless and her wardrobe is on fire, that woman is a fire actress just give me her and Ola Daniels and I am okaaaaaayyyyyy

    I highly recommend this movie… so educative and eye opening I could watch this movie over and over and over again

    It’s a solid 10/10 for me.
    Ruth Kadiri!! Ruth Kadiri!! Ruth Kadiri!! How many times did I call you? Just come here and pack your flowers because you deserve a garden 🌺 🌺🌺🌺 Movie Title: African Husband Storyline: A beautiful woman panics and has issues with her sweet husband after he requested that they have another baby 5 years after they had their first child. She suffered a lot during her previous pregnancy and hadn’t gotten over the phobia yet, so her husband requesting for another child stirred up some confusion, anger and frustration in her!! She brought up the idea of getting a surrogate but her husband wasn’t buying the idea at all so she went behind his back to steal his sperm for the process. Want to know how it all played out? Amazing cast - Ruth Kadiri is who she said she is and even more… her acting skills are just over the moon. She too like ki$$ing scenes sha😩😩😂😂😂After Timini Egbuson and Maurice Sam, just give me Deza The Great… he is a born actor🔥🔥🔥 he delivered his role without leftovers🔥🔥🔥 You see that part where Ruth Kadiri sipped the glass of wine and glass of water at the same time, that’s my favorite part😂😂 Oby Titus was super amazing - apart from the fact that that woman is ageless and her wardrobe is on fire, that woman is a fire actress🔥🔥🔥 just give me her and Ola Daniels and I am okaaaaaayyyyyy🤩 I highly recommend this movie… so educative and eye opening 🥰 I could watch this movie over and over and over again🔥🔥🔥🔥🔥 It’s a solid 10/10 for me✅❤️❤️❤️.
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  • Viral Post For June 26th
    June 27, 2023 Viral
    Ileya is here! Do you have money to buy the best designers and flex throughout this period?

    Do you know that once you register as a member on the chatmogul, you can join the league of money makers to start making at least N40, 000 weekly by performing simple tasks online. Making money online has gotten easier with the chatmogul. Click on the link below to learn more

    https://bit.ly/3vQK71K

    You can follow the founder on Instagram @ceo_chatmogul

    Viral Post For June 26th June 27, 2023 Viral Ileya is here! Do you have money to buy the best designers and flex throughout this period? Do you know that once you register as a member on the chatmogul, you can join the league of money makers to start making at least N40, 000 weekly by performing simple tasks online. Making money online has gotten easier with the chatmogul. Click on the link below to learn more https://bit.ly/3vQK71K You can follow the founder on Instagram @ceo_chatmogul
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  • Viral Post For June 26th
    June 27, 2023 Viral
    Ileya is here! Do you have money to buy the best designers and flex throughout this period?

    Do you know that once you register as a member on the chatmogul, you can join the league of money makers to start making at least N40, 000 weekly by performing simple tasks online. Making money online has gotten easier with the chatmogul. Click on the link below to learn more

    https://bit.ly/3vQK71K

    You can follow the founder on Instagram @ceo_chatmogul

    Viral Post For June 26th June 27, 2023 Viral Ileya is here! Do you have money to buy the best designers and flex throughout this period? Do you know that once you register as a member on the chatmogul, you can join the league of money makers to start making at least N40, 000 weekly by performing simple tasks online. Making money online has gotten easier with the chatmogul. Click on the link below to learn more https://bit.ly/3vQK71K You can follow the founder on Instagram @ceo_chatmogul
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