RMJ properties

07/11/2024

YOUR SOURCE-WORK-MONEY-IMPACT LIVES

07/11/2024

Whatsoever thy hand findeth to do, do it with thy might; for there is no work, nor device, nor knowledge, nor wisdom, in the grave, whither thou goest.

ECCLESIASTES 9:10

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FORGET EVERYBODY AND GRINDOOOO

17/09/2024

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26/08/2024

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.
Investig*te 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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27/05/2022

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27/05/2022

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24/05/2022

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03/05/2022

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03/05/2022

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23/03/2022

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21/08/2021

THE MAN WITH SEVEN THOUSAND PRIVATE CARS

Hassanal Bolkiah is the current Sultan and Yang di-pertuan of Brunei, as well as the Prime Minister Of Brunei , making him one of the last absolute monarchs. He has 7,000 cars in his garage.

Brunei is the sovereign state located on the North Coast Of the island of Borneo in the Outhouse East Asia. Apart from Royalty, he is a lover of real beautiful exotic automobile with a collection of Seven Thousand Cars in his garage.

Below is the breakdown of cars in his garage:
604 Rolls Royce’s
574 Mercedes Benz
452 Ferrari’s
209 BMW’s
179 Jaguar’s
134 Coenigsegg’s
21 Lamborghini’s
11 Aston Martin’s
1 SSC
All of his cars are bulletproof and feature state of the art technology. Mercedes Benz brand made specially custom made cars for him. This means there is only one of the kind in the whole world and it belongs to the Sultan. The Sultan also has a gold plated Mercedes Benz car in his collection.

With 450 Ferrari’s the Sultan is one of top collectors of Ferrari in the world. His love for the super luxurious cars is so great that he ordered his servant to keep a Rolls Royce in front of his palace with the Engine running 24/7 just in case he needs to go out in a hurry.

A total worth of his cars is said to be around Five Billion US Dollars ($5b) and has a Net Worth Of US$20b
He has five Sons and Seven daughters.

12/08/2021

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