GENERAL GUIDELINES

When claiming the Documents:

The documents shall be released to and duly-received by all the Buyer/s designated in the DOAS:

a) For INDIVIDUALS who are single – ALL

b) For “SPOUSES” buyers - both husband and wife

c) For “MARRIED” buyer - both husband and wife

d) For CORPORATE buyers - all the authorized signatories of the Corporation

Valid government issued IDs should be presented by each of the Buyer/s to the releasing office.

Note:

A. In the absence of any of the Buyer/s, an original authorization letter from the absentee-Buyer and photocopy of valid
government issued ID with three (3) original specimen signatures shall be required.

B. The original copy of title shall be released to the Buyer after submission by the Buyer to the Bank of the proof of
payment of Documentary Stamp Tax (DST) – BIR Form 2000-OT

1. All taxes and expenses incidental to the transfer of the title to the Property to the name of the Buyer shall be for the
account of the Buyer.

A. Secure the following documents from CITY /MUNICIPAL OFFICE covering the jurisdiction of Property

 Certificate of No Improvement – Assessor’s Office (if applicable)

 Certified True Copy of Tax Declaration – Assessor’s Office
 Tax Clearance – Assessor’s Office

Documents to be presented at City/Municipal Office

> Photocopy of title
> Photocopy of tax declaration
> Real Property Tax receipt (current)

B. Secure the following document from REGISTRY OF DEEDS Covering the jurisdiction of Property

 Certified true copy of title (please present the photocopy of title)

2. Proceed to Bureau of Internal Revenue (BIR) office having jurisdiction over the Property to pay the Documentary Stamp
Tax (DST), the deadline is 5th day of the following month after notarization of Deed of Absolute Sale (DOAS). The
pertinent document to be released by the BIR is Certificate Authorizing Registration (CAR).

 For DST, estimated rate is 1.5% (Selling Price, Zonal Value or Market Value per Tax Declaration whichever is
higher)

General documents to be presented at BIR:

> DOAS (from BDO)
> Certified True Copy of Tax Declaration
> Certified True Copy of Title
> BIR Form No. 1606 – Creditable Withholding Tax (from BDO)
> Tax Clearance

3. While waiting for the CAR, you may already pay the Transfer Tax and other related tax at the City/Municipal Office-
Treasurer's office of [covering the jurisdiction of Property]. The documents to be presented are Notarized Deed of
Absolute Sale, Tax Declaration and photocopy of title. Deadline is sixty (60) days from the date of notarization.

 Estimated rate is ½ of 1% (.005) (Selling Price, Zonal Value or Market Value per Tax Declaration whichever is
higher)

4. Once the CAR is received already, proceed to Registry of Deeds- [covering the jurisdiction of the Property] to pay the
Registration Fees and to process the transfer of title under your name.

 Estimated fee is 1% of Selling Price, more or less

Documents to be presented at Registry of Deeds:

> Certificate of Authorizing Registration (CAR) – secured from BIR
> Original Title (from BDO)
> Secretary’s Certificate – from BDO
> Real Estate Tax Receipt (current year)
> Other documents secured from BIR

5. Once the new Title is received, proceed to City/Municipal Office-Assessor's of [covering the jurisdiction of the
Property] to process the transfer of Tax Declaration under your name. Bring all the documents.

NOTE:
- The foregoing are general guidelines only, please refer to Assessor’s Office /City/ Municipal Office/BIR/ Registry
of Deeds for assessments and valuations.
- Ensure that the title and tax declaration (land and/or improvement) are consolidated promptly to your name.

Acknowledged by: _______________________________

Signature over Printed Name / Date