Checklist Transfer Title
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A. Before the BIR 1. Special Power of Attorney in favor of Lawyer 2. Deed of Sale/Deed of Conveyance 3. Tax Identification Number of Buyer 4. Tax Identification Number of Seller 5. Registration with BIR of TIN – buyer (BIR site) 6. Registration of BIR of TIN – seller (BIR site) 7. Fill up BIR Form 1904 - for TIN 8. Check with the Zonal Valuation of the BIR 9. Specify if there is an improvement/bldg. or Certificate of No Improvement on the real property 10. Specify who will pay the tax ____ Buyer ____ Seller 11. Certified True Copy of the Title 12. Original Title 12. Certified True Copy of the Tax Declaration of land 13. Certified True Copy of the Tax Declaration of blgd./house 13. Certification/Clearance of Real Property Tax 14. Get the money from parties for payment 15. Fill up the BIR Form No. ____ - payment of CGT 16. Fill up the BIR Form No. ____ - payment of Doc. Tax 17. Others _________________________________ _________________________________ _________________________________ Note: Payment shall be on the fifth day of the following month after notarization. B. BIR – Securing the Certificate Authorizing Registration 1. Assessment by the Officer of the Day 2. Payment of Capital Gains Tax 3. Payment of Documentary Tax 4. Date of Notarization – Determine the Deadline __________ C. Transfer of Title in the Register of Deeds 1. Payment of Transfer Tax 2. Payment of Real Estate Tax 3. Submit Certificate Authorizing Registration 4. Submission of Original Title Transfer of Title (Mandaue and Cebu City) Register of Deeds Requirements (Original) * BIR Clearance (Certificate Authorization Registration CAR) original copies * Land Tax Clearance –original copies * Transfer Tax * Extra-Judicial Settlement w/ Seal from Land Tax Division 1-copy original 1- copy xerox * Affidavit of Publication original and news publication paste at the back * Special Power of Attorney (SPA) for Authentication * Original Owner’s Duplicate Title WORKFLOW: Entry Clerk Cashier RD- assign to examiner Examiner- preliminary examination revised RD- examine documents/ assign to typist Typist- request original RD OCT/ TCT file - request blank TCT form from Inventory clerk
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Useful checklist in transferring cert. of title
Transcript of Checklist Transfer Title
A. Before the BIR1. Special Power of Attorney in favor of Lawyer2. Deed of Sale/Deed of Conveyance3. Tax Identification Number of Buyer4. Tax Identification Number of Seller5. Registration with BIR of TIN buyer (BIR site)6. Registration of BIR of TIN seller (BIR site)7. Fill up BIR Form 1904 - for TIN8. Check with the Zonal Valuation of the BIR9. Specify if there is an improvement/bldg. or Certificate of No Improvement on the real property10. Specify who will pay the tax ____ Buyer ____ Seller11. Certified True Copy of the Title12. Original Title12. Certified True Copy of the Tax Declaration of land13. Certified True Copy of the Tax Declaration of blgd./house13. Certification/Clearance of Real Property Tax14. Get the money from parties for payment15. Fill up the BIR Form No. ____ - payment of CGT16. Fill up the BIR Form No. ____ - payment of Doc. Tax17. Others _________________________________ _________________________________ _________________________________Note: Payment shall be on the fifth day of the following month after notarization.B. BIR Securing the Certificate Authorizing Registration1. Assessment by the Officer of the Day2. Payment of Capital Gains Tax3. Payment of Documentary Tax4. Date of Notarization Determine the Deadline __________
C. Transfer of Title in the Register of Deeds1. Payment of Transfer Tax2. Payment of Real Estate Tax3. Submit Certificate Authorizing Registration4. Submission of Original Title
Transfer of Title (Mandaue and Cebu City) Register of DeedsRequirements (Original) * BIR Clearance (Certificate Authorization Registration CAR) original copies * Land Tax Clearance original copies * Transfer Tax * Extra-Judicial Settlement w/ Seal from Land Tax Division 1-copy original 1- copy xerox * Affidavit of Publicationoriginal and news publication paste at the back* Special Power of Attorney (SPA) for Authentication* Original Owners Duplicate TitleWORKFLOW:Entry ClerkCashierRD- assign to examinerExaminer- preliminary examination revisedRD- examine documents/ assign to typistTypist- request original RD OCT/ TCT file- request blank TCT form from Inventory clerk- RD - reviewExaminer- signing of final ReportRD- signing of title/ reviewReleaseD. After Transfer of Title1. Acknowledgment Receipt2. Accounting of Cost/Operations
