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Showing posts from April, 2013

Documentary Requirements in Securing a New Tax Declaration

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Here are some of the most important documentary requirements needed at Assessor's Office for you to secure a new copy of your New Tax Declaration.  You should take note however that this document thus not prove ownership but for the purpose of realty taxes application only.
Documentary Requirements - Certified True Copy of a New TCT/ CCT - Photocopy of Deed of Absolute Sale with BIR Stamp - Photocopy of previous Tax Declaration - Photocopy of Official Receipt of Transfer Tax payment - Duplicate copy of Tax Clearance from Treasurers Office
     After the release of the New Tax Declaration it would be advisable for you to secure a latest Certified True Copy for record purposes.

REAL ESTATE OUTLOOK 2013

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Philippines will continue to be strong in the real estate sector for three (3) more years. This is due to the fact that construction of the "big four" (4) in the real estate development continue to move forward towards high rise construction. The big four are; Ayala Land, DMCI, Megaworld, and SMDC.

Condominium development will be the trend in real estate construction due to lack of land to developed specially in the Mega Manila area.  Vertical development maximized the much needed space and bring in a better yield in terms of sales since these would cater to a wide market particularly the foreign sector. The Philippine Constitution prohibits land ownership to foreigner.

Buyers or investor tend to capture and seize the moment should be prepared to scout different area in the country since major redevelopment in the key cities of the country like Makati,Manila,Quezon,Cebu,Pampangga,Cavite,Laguna,Batangas and Davao, etc.these area would be made to incorporate a township kind …

MARCH 17, 2013 Real Estate Broker Exam Result

Last March 17,2013 (Sunday) the said examination was given by the Professional Regulation Commission and  conducted in the different testing center in the country from Cities of Lucena,Legaspi,Iloilo,Cebu,Baguio,Cagayan de Oro, Davao and Manila.  Under R. A. 9646 Implementing Rules and Regulation (IRR).

  "SEC. 16. Release of the Results of Examination. The results of the licensure examination shall be released by the Board within ten (10) days from the last day of the examination.  The result shall be published in a daily major newspaper of general circulation and PRC website".
Finally the long wait was over when it was released by the Professional Regulatory Board of Real Estate Service (PRBRES) after eight (8) days of waiting.  1,928 successful examines out of 2,969 who took part in the said examination. That would translate to 64.94% National Passing Percentage. The Board composition are Dr. Eduardo G. Ong, Ph.D., Chairman with Board Members Ramon C. F. Cuervo III,Florin…