07/08/2026
Typical Process of a Sale of Property
Although the exact steps vary, a sale usually follows this sequence:
1. Buyer and seller agree on the sale.
2. A notarized Deed of Absolute Sale is executed.
3. Taxes are paid to the Bureau of Internal Revenue.
4. The transfer tax is paid to the local government.
5. The documents are submitted to the Registry of Deeds.
6. A new title is issued in the buyer's name.
7. The buyer updates the tax declaration at the City or Municipal Assessor's Office.
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