Best Real Estate Contracts and Negotiations Lawyers in Marikina City
Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Free Guide to Hiring a Real Estate Lawyer
List of the best lawyers in Marikina City, Philippines
We haven't listed any Real Estate Contracts and Negotiations lawyers in Marikina City, Philippines yet...
But you can share your requirements with us, and we will help you find the right lawyer for your needs in Marikina City
Find a Lawyer in Marikina City
Philippines Real Estate Contracts and Negotiations Legal Questions answered by Lawyers
Browse our 26 legal questions about Real Estate Contracts and Negotiations in Philippines and the lawyer answers, or ask your own questions for free.
- Patent Land Title
- Hello:Presuming this is in the Philippine jurisdiction, the situation you described involves a tax declaration still in the name of the mother despite there being patent titles already issued to the children. However, the patent titles were not yet carried over or registered with the Registry of Deeds. One of the children already sold his or her titled portion, but since it was not recorded with the Registry of Deeds, there is no official record of the transfer.The better remedy would be as follows: a.) You must first secure certified true copies of the Original Certificates of Title or Patent Titles issued by the DENR/LMB or the agency that processed the free patent. These documents will serve as the basis to register with the Registry of Deeds. b.) File the proper registration of the patent titles with the Registry of Deeds where the property is located, even if belatedly, because under the Property Registration Decree (PD 1529), registration is the operative act that conveys or affects third persons. c.) For the sale made by the heir with a patent title, the buyer must also register the deed of sale to make the conveyance binding on third parties. If not yet notarized, you need to execute a proper Deed of Absolute Sale, have it notarized, and present it for registration at the Registry of Deeds. d.) Once the titles are properly registered, you should request the Municipal or City Assessor to transfer the tax declaration to the names of the registered owners, because a tax declaration alone does not prove ownership but should follow the title for assessment purposes.In short, the priority is to record the patent titles with the Registry of Deeds since they were issued as early as 2011. The delay in registration can be corrected by presenting the patents and other supporting documents. If there are complications or the Registry requires additional steps, such as an Affidavit of Non-Registration or confirmation from the DENR, these can be complied with accordingly.
- Can I buy a house from a seller with no deed
- I can share my professional opinion with you.You can contact me on WhatsApp: +38970704335Regards,
- Can we change the date of Deed of Sale of real property?
- You can do that by following due process of law.
About Real Estate Contracts and Negotiations
Real Estate Contracts and Negotiations in Marikina City, Philippines involve the legal agreements and discussions related to buying, selling, or leasing real property. These contracts outline the terms and conditions that both parties must abide by, including the purchase price, payment schedule, property condition, and any contingencies. It is crucial to have a clear and enforceable contract to protect your interests when dealing with real estate transactions.
Why You May Need a Lawyer
You may need a lawyer for Real Estate Contracts and Negotiations in Marikina City, Philippines in various situations, such as:
- Reviewing and drafting contracts to ensure they are legally binding and protect your rights
- Negotiating terms and conditions with the other party to reach a favorable agreement
- Resolving disputes or disagreements that may arise during the transaction process
- Ensuring compliance with local laws and regulations governing real estate transactions
Local Laws Overview
In Marikina City, Philippines, several key local laws are relevant to Real Estate Contracts and Negotiations, including:
- The Civil Code of the Philippines, which governs the rights and obligations of parties in contracts
- The Property Registration Decree, which regulates the transfer and registration of real property ownership
- The Real Estate Service Act, which outlines the qualifications and responsibilities of real estate professionals
- Local zoning ordinances and land use regulations that determine the permissible uses of real property
Frequently Asked Questions
1. What is included in a typical real estate contract?
A typical real estate contract includes details such as the property description, purchase price, payment terms, closing date, contingencies, and responsibilities of both parties.
2. Can I negotiate the terms of a real estate contract?
Yes, you can negotiate the terms of a real estate contract with the other party to reach a mutually acceptable agreement.
3. What should I do if the other party breaches the real estate contract?
If the other party breaches the real estate contract, you may need to seek legal advice to understand your options for enforcing the contract or seeking remedies for the breach.
4. Do I need to involve a lawyer in a real estate transaction?
In complex real estate transactions, it is advisable to involve a lawyer to ensure that the contract is legally sound and protects your interests.
5. How can I verify the validity of a real estate contract?
You can verify the validity of a real estate contract by having it reviewed by a lawyer who can ensure that it complies with local laws and regulations.
6. Are verbal real estate contracts legally binding?
Verbal real estate contracts may be legally binding in certain situations, but it is recommended to have written contracts to avoid misunderstandings and disputes.
7. What are common contingencies in real estate contracts?
Common contingencies in real estate contracts include financing contingencies, home inspection contingencies, and appraisal contingencies.
8. Can I back out of a real estate contract after signing it?
Backing out of a real estate contract after signing it may have legal consequences, so it is essential to understand your rights and obligations before signing the contract.
9. How long does it take to close a real estate transaction in Marikina City?
The time to close a real estate transaction in Marikina City can vary depending on various factors, such as the complexity of the transaction and the efficiency of the parties involved.
10. Can a seller cancel a real estate contract before the closing date?
A seller may cancel a real estate contract before the closing date, but it could lead to legal consequences, including potential lawsuits for breach of contract.
Additional Resources
For additional resources related to Real Estate Contracts and Negotiations in Marikina City, Philippines, you may consider contacting the Marikina City Real Estate Board or consulting the Marikina City Legal Aid Office for legal assistance.
Next Steps
If you need legal assistance in Real Estate Contracts and Negotiations in Marikina City, Philippines, the next step is to schedule a consultation with a qualified real estate lawyer who can review your case and provide guidance on how to proceed. It is essential to seek legal advice early in the process to protect your interests and avoid potential legal issues.
Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.