When you’re buying or selling land or any other kind of property, one of the most important things to do is check the papers especially the land title. Aside from authenticity, make sure it is clean and it won’t give you any problems in the future. It’s always a good idea to do your own research and double check in everything. After all, buying or selling a property that has a dirty land title could be a hassle. Or worse, your seller might have given or shown you a fake title.
A land title is a piece or bundle of paper where the rights to a piece of property are written. It includes all the details to the property and the ownership of the said land.
Some lands are owned by more than one person which means that only a percentage belongs to each individual if shared with other people.
Tax Declaration of Real Property
The first step is getting a tax declaration. This will contain valuable information such as the assessment value, market value, land area and the names of the owner of the lot. You might even get shown a map to the property while doing so.
Go to the Assessor’s office in the city or municipal hall. You’ll have to find someone to assist you and give them all the necessary details for the property that you’re checking on.
Transfer Certificate Title
Now that you have the Tax Declaration document, you may now proceed to the Registry of Deeds, usually this is located at the provincial capitol. They will require a photocopy your valid ID like yours passport or driver’s license so be sure to get that sorted out before going.
Find the window or desk to assist you and pay for the fees. Use the Property Identification Number on the Tax Declaration to obtain the Transfer Certificate Title. You will have to go back after a few days for the title so just note down the contact number so you can call in to check when it’s ready for you.
If you’re building something on this property or there’s already an existing one, you’ll probably need to get a plan of the lot too. In short, you’ll need a blueprint.
Go to the Department of Environment and Natural Resources or DENR. Look for the correct window to assist you with acquiring the plan. You will need to provide the Property Identification number once again so keep it handy. Once they have the Property Identification Number, they’ll have to search their records if it’s there. You’ll have to wait for them to pull up the records. Once you have a copy of the plan and blueprint, it’s time to pay for the necessary fees.