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RE Horror Stories


WHO FOOTS THE BILL?
One day, a tenant in a condo unit noticed a leak coming from the kitchen cupboard and reported it to the building's engineering team....
Mar 251 min read


NO TRESPASSING
In the 1990s, Mr. Xyz purchased a vacant lot along a well-known highway in Quezon City. He held onto the property but never built on it,...
Mar 192 min read


FROM 100% TO 50% OWNERSHIP
Once upon a time, a foreigner married a Filipina, and together they purchased a residential lot in the Philippines. After decades of...
Mar 112 min read


"PUWEDE PA KISS?
Once upon a time, a handyman was hired to do some repairs in a unit. He was well-regarded among brokers—reliable, fairly priced, and...
Mar 42 min read


UH OH
I don’t think you can truly say you’re in business until you’ve received one of these dreaded letters from the BIR. It’s almost like a...
Feb 262 min read


EJS WITH ABSOLUTE SALE - LESSONS
This case highlights why lawyers recommend keeping the Extra-Judicial Settlement (EJS) and the sale as separate transactions. Ideally,...
Feb 191 min read


EJS WITH ABSOLUTE SALE
Once upon a time, a buyer stumbled upon a great deal—a lot in a prime subdivision priced 20% below market value. Upon inquiring, he...
Feb 181 min read


VANISHING INVESTMENTS
A buyer once purchased a lot in the mountains, captivated by its breathtaking view of the city. The lot sloped downward from the street,...
Feb 111 min read


THE P40MN TAX TRAP
Once upon a time, a broker successfully closed the sale of a condo unit. To handle the title transfer, they relied on their Runner. Just...
Feb 41 min read


ALMOST LOSING PHP 4 BILLION
In the 1990s, Mrs. Mapera lent money to a distressed property owner and received the title of the property as collateral. Shortly after,...
Jan 302 min read
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