Buying or selling a home is one of the most important decisions that a person will ever make. For many, it represents the fulfillment of everybody’s dream. For most, it is the largest single financial investment of a lifetime. It is usually accompanied by a financial sacrifice at the time of purchase, as well as heavy commitment extending long into the future. Obviously, it is a decision that should be carefully planned.

Whether one likes it or not, many complexities affect the title to real estate - complexities that can have a profound impact on the buyer or the seller. These complexities include mortgages, deeds, taxes, zoning, coastal zone management permits, restrictions, protective covenants, future interests, attestation and recording, insurance, surveys, utilities, property descriptions, easements, access consideration, warranties (or lack of warranties), leaseholds, joint ownership and construction liens, just to name a few.

It is very essential to regularly check the title of your property in the Philippines:

To verify that the property is still registered in "Your Name" and has not been sold or transferred without your knowledge.

To find out if there are any liens (voluntary or involuntary), encumbrances, mortgages or any other annotations on the title that you, the owner, may not be aware of.

It is also important to pay the real property tax up to date:

To avoid a lien by the government for unpaid taxes.

To prevent other parties making the tax payment and claiming ownership on the basis that they are the ones paying taxes on the property.

Our Title Verification services consist of:

1. Verifying the title of your property at the local Registry of Deeds where the property is located. By thoroughly examining the certified true copy of the title, we can determine if the title is in the name of the supposed owner which is free and clear of any objectionable liens and encumbrances, including those liens imposed against the property without the knowledge and consent of the owner.

2. Providing you with a certified true copy of the title, summarizing and reporting to you any conditions and annotations on the title that will be revealed by title verification.

3. Any title defects or irregularities that might require the services of a lawyer or other professionals will be highlighted in our report to you. It will be your decision whether or not to take any action. Should you wish to engage the services of a lawyer, we have preferred law firms that we can recommend to you.

Our Fees:

US $ 250.00 per TCT (Transfer Certificate of Title) within Metro Manila and $450 outside Metro Manila. For multiple TCTs, add US $ 20.00 per additional TCT (applicable only if in the same name, in the same Registry office, verified at the same time).

In addition to our Title Verification service, Asian Homes® Realty Services is pleased to be able to provide a comprehensive range of property related legal services to our customers, which we know will assist you in smoothing the process of both buying or selling a property.

The property related legal services we are able to assist you with are as below. Asian Homes® Realty Services hourly rate being $40.00 per hour plus travelling expenses.

Should you require further information on any type of property related legal issue we would be very pleased to hear from you.

Kind Regards,

Elenita Frondoso Mallinson
Managing Director

Licensed Real Estate Broker REBL No. 18393 - N