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What are the documentary requirements to buy a property? |
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For Individuals 1. Photocopy of residence certificate or passport. 2. Taxpayer’s Identification Number (TIN). 3. Photocopy of valid ID with picture & signature of buyer(s). 4. 2 Original kind of proofs of billing. (Should show same address as that appearing on the signed Reservation Form.) 5. For married individuals, photocopy of marriage certificate. Note: For married individuals, both spouses need to submit requirements 1, 2, & 3. For Corporate Accounts 1. Photocopy of By-Laws of the Company. 2. Photocopy of Articles of Incorporation. 3. Notarized Board Resolution of the Company or Secretary’s Certificate stating the ff. • The date and place of the board meeting • That a quorum was present in approving the board resolution • That the board authorized the purchase of the property • The designated signatory for the sale documents • The designated playing representatives for corporate golf shares 4. Residence Certificate of the Company and appointed representative(s). 5. TIN of the Company and appointed representative(s). 6. 2 Original kind of proofs of billing of the corporation (not the representative). For Balikbayans (Returnees) 1. Photocopy of passport. 2. Photocopy of valid ID with picture & signature of buyer(s). 3. 2 Original kind of proofs of billing. (Should show same address as that appearing on the signed Reservation Form.) 4. For married individuals, photocopy of marriage certificate. Note: For married individuals, both spouses need to submit requirements 1 & 2. 5. Affidavit as required by law and is necessary for registration of the lot in his/her name. Affidavit should indicate that buyer was a natural-born Filipino who has lost said citizenship or otherwise has reacquired the same. For Capital or Paraphernal Properties
1. Same requirements as that of INDIVIDUAL buyers. 2. Affidavit from non-buying spouse confirming that the fund used by the buying spouse are indeed exclusive funds.
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