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RE Horror Stories

Sep 26, 20232 min read

Capital Gains Tax

Once upon a time, a broker sold a condo unit and was tasked to transfer the title to the buyer's name. In the Capital Gains Tax (CGT)...

Sep 19, 20232 min read

Wear and Tear

Once upon a time, a prime property was leased out. Years went by, and the lease went smoothly...until the move-out inspection.

Sep 12, 20233 min read

Two Sides of the Story

Here's the story of a prime property that recently appeared in the news. The facts are based on court records available online.

Aug 8, 20231 min read

Improvements - Tax Declaration

Everything went smoothly until they requested a certified copy of the tax declaration.

Aug 1, 20231 min read

No CAR, No Transfer

Not too long ago, the (previous) BIR CAR was required for title transfers. Without it, people wouldn't be able to transfer the title of thei

Jul 25, 20232 min read

Deaths in a Property

Depending on where you are in the world, deaths that transpired in a property may or may not be required by law to be declared.

Jul 18, 20231 min read

Certificate of Non-Tenancy

We've received word that some condos now refuse to issue a Certificate of Non-Tenancy (CNT)–even if the unit was never leased out.

Jun 27, 20231 min read

Fortuitous Events

Fortuitous Events–Once upon a time, a tenant happily rented a house in a posh village. Everything went well up until a category 4 typhoon...

Jun 13, 20231 min read

Online Leads

Once upon a time, a broker showed an ultra-prime property to a buyer he met online.

Jun 6, 20231 min read

Taga-Lakad

Once upon a time, a broker closed the sale of a condo unit. They had their trusted "taga-lakad" (TL) do the transfer works.