Camella HOMES Digos City

GOOD TO KNOW - KNOWLEDGE 101‼️

🔸️LAND TITLE VS TAX DECLARATION 🔸️

The Difference between the Certificate of Title versus Tax Declaration in the Philippines

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CERTIFICATE OF TITLE
1. A document evidencing a right of ownership to a property
2. A document that attest to the fact that the person named is the owner of the property described therein subject to liens and encumbrances noted on it
3. It is registered with the Register of Deeds of the province or city where the land is located
4.The Certificate of Title is indefeasible and imprescriptible
5. All claims to the land are quieted upon issuance of this document
6. Recorded with the Register of Deeds of the municipality, city, or province where the land is located.

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TAX DECLARATION
1. A document that show good sign of possession only in the concept of owner, not ownership
2. Not conclusive evidence of ownership to property, but only a proof of payment of realty taxes
3. Recorded with the Assessor’s Office of every municipality or city where the land is located

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Ang pagmamay-ari ng lupa ay napapatunayan sa pamamagitan na hawak na titulo na kung tawagin ay ang Transfer Certificate of Title (TCT) o Condominium Certificate of Title (CCT). Ayon sa maraming Supreme Court decisions “the best proof of ownership of a piece of land is the Certificate of Title” (Halili vs. Court of Industrial Relations, 257 SCRA 174 [1996]). Ito ang tinatawag na titulo ng lupa at wala nang iba pa.

Ang "tax declaration ay hindi titulo ng lupa. Maraming Supreme Court decision din ang nagsasabi na "Tax declarations and receipts are not conclusive evidence of ownership. At most, they constitute mere prima facie proof of ownership of the property for which taxes have been paid. In the absence of actual, public and adverse possession, the declaration of the land for tax purposes does not prove ownership." Ibig sabihin nito na ang tax declaration ay hindi siguradong ebidensiya ng pagmamay-ari ng lupa. While tax declarations and receipts are not conclusive evidence of ownership and do not prove title to the land.
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Ang tax declaration ay pwedeng i-apply para maging titulo. May dalawang pamamaraan ng pagpaparehistro ng lupa, ito ay ang sumusunod:

1. Judicial Proceeding – kung saan kinakailangan ninyong magfile ng petisyon para sa registration sa korte.

2. Administrative Proceeding –ito ay pamamaraan kung saan mag-file ng application para sa “Homestead Patent” sa DENR at ang registration ng patent na ito ang magiging batayan para sa pag-isyu ng Original Certificate of Title alinsunod sa Commonwealth Act 141 o ang “THE PUBLIC LAND ACT”.

💡WHAT IS A MOVE-IN FEE?

Move-In Fees is an amount paid by the homebuyer to the property developer before the property is officially turned over to him/her.
These are the necessary fees to be paid before dwelling in a unit which might includes the following:
📌Water Connection – if the subdivision/project have their own water system, or they have a preferred provider. They have special negotiations with the company to set it all up for their clients. The homeowner will just have to pay for the fees.
📌Electrical Connection – just like water, electrical connections are usually pre-arranged by the developer. The moment the client applies for the connection it will be like a switch on service to activate it for the homeowners. The posts where the connections be activated are already pre-installed for convenience and easy activation.
📌Association Dues – This is usually a joining fee or advance payment of the monthly/quarterly or annual association fees if you are a homeowner in a subdivision, compound, apartment or condominiums. In condominiums it is called condo dues. It covers the amenity maintenance fees, security fees for the guards and other subdivision maintenance fees. This fee is agreed upon the existing homeowners of the subdivision or community. For new subdivisions or condominiums, association dues or condo dues will be discussed through a general assembly meeting of the homeowners and will be agreed upon through plebiscite.
Other developer might include this one also:
📌Pag-ibig MRI/Fire/Advance: Php 15,000.00
📌Advance Real Property Tax

Do you know that "PUHON"(SOON/NEXT TIME) is sometimes the most frustrated word that you will encounter in your life?

👦Agent: Ma'am/Sir invest na po tayo ngayon ng property habang nasa 5K+ pa po ang monthly.

👫YOU: "PUHON"(SOON/NEXT TIME)😊 na.

***AFTER 5 YEARS....

👫YOU: Hi Kumusta? Kuha sana ako nong tag 5K+. I will pay it today.

👦Agent: Ma'am/Sir, the lowest monthly payment right now is already at 15k+. Mag reserve na po ba tayo?

So if you have spare budget now, invest it on properties. Grab the pre-selling offers since you can save more on these investments.

To know more about pre-selling projects with a perfect location within the city? Message me so that I can share to you some of the best projects anywhere in the Philippines may it be a residential house, commercial lot, residential lot or condo.