Buying a Property

When buying from an individual owner, request photocopies of the following: • Photocopy of Title • Tax Declaration • Lot Plan or Subdivision Plan • Valid government-issued IDs of the seller(s) These documents help confirm that you are transacting with the rightful owner and have the copies of the documents for checking.

In most current developments, it takes around 6 to 7 years to complete construction. This also allows developers to stretch the equity payment period up to 5 years for buyers’ convenience.

Yes. Issuing and delivering the title under the buyer’s name is part of the developer’s obligation once the property is fully paid and all requirements are fulfilled.

• Transfer fees are the taxes and fees paid to transfer the title under your name. • Move-in fees are miscellaneous expenses such as water and electricity installation, and other administrative costs before occupancy.