Deed of Sale, Registration Process

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Seller sells and Buyer buys according to the terms and conditions they agreed upon‼️ This is the whole process NOTES: Buyer and Seller should provide government IDs A SPECIAL POWER OF ATTORNEY is needed if one or the parties to the transaction are not available to sign the documents personally. *********************************************       THE PROCESS and... Private/Government agencies to work to: 1. Notary Public-  Preparation and notarization of the Deed of Sale, after both parties have signed. 2. Registry of Deeds-  Get certified copy of the title of the property subject of sale. 3. Assessors Office-   Get certified copy of tax declaration for the lot and the improvement, if any. Get certificate of no improvement if there's no building or any improvement on the lot. 4. Treasurer's Office- in the municipality or city where the land is located-  Get tax clearance for the land and improvement, if any. 5. Bureau of Internal Revenue (BIR)-  All the documents you gathered fr
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VOLUNTARY TITLE STANDARDIZATION PROGRAM OF LAND REGISTRATION AUTHORITY (LRA)

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What is Voluntary Title Standardization (VTS) Program?

This is LRA's project, computerizing titles they have on files. Per LRA, this project will make on-line information on titles current, complete and accurate, security and integrity of records is maintain and timely detection and identification of fake land titles.

For a detailed understanding of the program, I am providing the link from LRA's website:

https://lra.gov.ph/voluntary-title-standardization-vts-program/

I am also interested on converting our Owner's Transfer Certificate of Title to "eTitle" so I inquired and was able to secure a form to be filled up upon application. Click the link below, for your reference:

Petition for VTS form

Further, I asked how much will I pay for the eTitle conversion, and that it would be around P1,000.00 plus.

So, this form needs to be filled up, signed and notarized, then bring this to the Registry of Deeds, together with the Owner's Transfer Certificate of Title, because we need to surrender it to convert to eTitle. Don't forget to bring your ID and a photocopy of it.

Remember, this is not mandatory, you can go for eTitle conversion, but it's just fine to just maintain your manual title, the Owner's Transfer Certificate of Title which you are currently holding.

Finally, I hope I am able to share with you some useful information. 

God Bless Everyone!🙏❤️

#Pamanafromancestors❤️

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