28/05/2024
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Having a property has advantages and disadvantages. The advantages are known to us but the disadvantages are hidden. A property acquired may contain encumbrances that prevent the owner from selling. The property may contain an area bigger or smaller than the actual area if surveyed. The property may also be a product of fraudulent transfer years prior to the date of acquisition which will result to court litigation.
The next scenario is when you buy a real property covered by title or tax declaration. Do not buy a headache. The property must be properly evaluated of any possible problem/s attached to it. Knowing the history of the property is important to avoid litigation. It could be possible that there was fraud involved with prior owners and transferors. The property may contain encumbrances that should be cleared before the ex*****on of deed of sale.
Then, we, Property Profiling Phils. provide legal opinion as to whether or not the sale will proceed.
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Evaluate tax declaration or title of property
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Tracing back of title or tax declaration
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Identification of encumbrances
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Clearing of encumbrances
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Relocation of property boundaries in tax declaration
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Legal evaluation and opinion on the property to be purchased
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Transfer of Tax Declaration or Title
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Extrajudical Settlement of Estate
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Payment of Real Property and Estate Taxes
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Estate Planning and Administration
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Litigation
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