Land Title Transfer Steps
Land Title Transfer Steps
Land Title Transfer Steps
Before making your way to the office, make sure you have secured the
complete list of all necessary documents. Bring hard copies of the required
documents below:
Take note that there are additional requirements for certain cases. It’s best
to double check to minimize numerous back and fourths:
After filing the required documents, a BIR representative will calculate your
Capital Gains Tax (CGT) and Documentary Stamp Tax (DST). Afterwards,
they will ask you to sign three (3) copies each of the ff:
You will receive a claim slip with the claim date of the CAR, which will be
released along with the following documents:
4. Pay the Transfer Taxes and secure the Tax Clearance at the
Local Treasurer’s Office
Aside from paying the Transfer Tax, you also need to secure the following
documents for the issuance of the Tax Clearance:
(1) Original copy and (1) photocopy of the Deed of Absolute Sale
(1) photocopy of the Tax Declaration
Official Receipt of Payment of Real Property Tax and Special
Education Fund Tax for the current year
The new owner’s duplicate copy of the TCT and CCT in your name will be
released once you have presented all of the following documents:
(1) Original Copy and (3) photocopies of the Deed of Absolute Sale,
stamped as received by the BIR
Seller’s Owner’s Duplicate Copy of the TCT or CCT
(1) Original Copy of the CAR
(1) Original Copy of the Tax Clearance
Original Copies of Official Receipts of Payments of CGT, DST, Tax
Clearance Certificate, and Transfer Fee
Original Copies of the Current Tax Declaration for land and
improvement issued by the local assessor’s office
If the seller or buyer is a corporation, submit the following
requirements:
o Secretary’s Certificate authorizing the sale of the real property
o Certified True Copy of the Articles of Incorporation and By Laws
of the seller or buyer corporation
For the release of the new Tax Declaration, present a photocopy of the
following documents:
Do not forget to accomplish this last step, as this is often missed out.
Remember – ownership of a Tax Declaration should always be done after
Land Title Transfer as the name on the Land Title should coincide with the
name indicated on the Tax Declaration.