
Originally Posted by
jaeger
AFAIK :
1- Original Title - check with the Register of Deeds (RD) of that location
2- Clean Title - no liens, no encumberances, make sure hindi to naka-collateral sa bangko. tingnan mo likod nung title (TCT) kung may mga tatak ng bangko o ng RD at kung serado na mga ito (case closed)
3- No Tax Arrears - make sure lahat ng property taxes are paid up-to-date
4- Clean Possession - can turnover property to buyer without any squatters on it
5- Zoning Check - tama ba description sa title vs. zoning ng municipio (e.g. residential vs. agricultural)
6- Pa-compute ka na rin ng lahat ng relevant taxes sa BIR section ng municipio where the property is located (cap gains, transfer tax, DST, etc.)
ito requirements naming mga taga-bangko, can lawyers in this forum add more?