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Unrealized Powers
I think most folks are guilty of using templates of contracts, merely updating pertinent information (i.e., names and addresses)...
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ALL BLOG POSTS
Dec 5, 20231 min read
The Ultimate Betrayal
Once upon a time, a broker discovered...
Dec 4, 20231 min read
Unwritten Rule #6
You can't pay the Registration Fee or the Transfer Tax until the BIR Certificate Authorizing Registration (CAR) is released.
Dec 1, 20233 min read
BIR RMC 99-2023
The BIR released Revenue Memorandum Circular (RMC) 99-2023 that discusses how to tax RE properties classified as "Ordinary Assets."
Nov 30, 20231 min read
210,000,000
In the 90s, the only way to access Poblacion if you were northbound on EDSA was through Ayala Ave. and Guadalupe Bridge (exit to JP Rizal).
Nov 24, 20232 min read
Arca South Skyway Exit
On November 21, Ayala Land (ALI) signed an agreement with San Miguel Corp. for the Skyway on and off ramps to Arca South!
Nov 23, 20231 min read
6
Buy/sell six properties in a calendar year, and you're automatically considered someone engaged in RE businesses.
Nov 22, 20231 min read
Reclamation = Flooding
Last October, a Senate hearing discussed the possibility of flooding due to a 420-hectare DENR-approved reclamation projects.
Nov 21, 20232 min read
Worst-Advice Ever
Once upon a time, a couple owned a house in a posh village and a high-end condo. They were in that stage where they simply wished to see...
Nov 20, 20232 min read
Friction Costs
Friction costs are the direct and indirect expenses incurred for the buying and selling of a financial instrument.
Nov 17, 20232 min read
Unwritten Rule #5
In the RE world, how the name is spelled in contracts should be the same as stated in the ID presented to the notary.
Nov 16, 20231 min read
9%
I read an article once that stated condos in QC had rental yields of at least 9%.
Nov 15, 20231 min read
CPG - APG Mnemonic
One common question we ask owners is, in what year did you get married?
Nov 14, 20232 min read
You should have warned me!
Once upon a time, a man happily sat on a property he inherited: agricultural land.
Nov 13, 20231 min read
Loan Proceeds
For bank-financed purchases, can you make the bank pay only one owner, as stated in the title?
Nov 10, 20231 min read
Unwritten Rule #4
If a buyer purchases a property when he is single, the title will reflect his marital status as "single."
Nov 9, 20231 min read
Memorial Lots
Today, we'll discuss another RE asset sub-type: memorial lots.
Nov 8, 20231 min read
Residential only–or not?
In the early days of Metro Manila, certain areas/streets were initially considered for residential use only.
Nov 7, 20232 min read
3 Months
Once upon a time, a buyer domiciled abroad bought a property in the Philippines.
Nov 6, 20231 min read
Unwritten Rule #3
For title transfers, one of the documents government agencies (GAs) require a "tax clearance."
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