Paano maglipat ng Titulo ng Lupa sa Bagong May-ari | How to Transfer Title of Land in Philippines Step by Step

 Paano maglipat ng Titulo ng Lupa sa Bagong May-ari | How to Transfer Title of Land in Philippines Step by Step.

Transfer of Title Tax to be Paid:

• 6% Capital gains tax of the property's selling price as indicated in the Deed of Sale or the zonal value, or whichever is higher. To be paid by the Seller.

• 1.5%  Documentary stamp of the property's selling price as indicated in the Deed of Sale or the zonal value, or whichever is higher. To be Paid by the Buyer.

• Withholding tax Applied if the properties were owned by corporations. To be Paid by the Seller. 

• Unpaid taxes if any, or missed tax payments that are already due. To be Paid by the Seller.

• 0.5 Transfer tax Paid (usual Provincial rate but will depends on your LGU) to the local Treasury's Office. To be Paid by the Buyer.

• 0.25% Registration fee of the property's selling price or zonal value, or fair market value, depending on which is higher. To be Paid by the Seller.

• Agent or Broker Commission. Payment in exchange of an agent or broker's professional assistance during the buying process up to transfer of land title in the Philippines. To be Paid by the Seller.

• Other miscellaneous fees. Fees that may incurred during the registration process including registration fees and notary fees. To be Paid by the Buyer.

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