When buying land in the Philippines, ensuring that the seller is the legitimate owner is critical to protecting your investment. The process can be complex, but by following these ten steps, you can verify land ownership and make informed decisions. Here’s how to go about it: 1. Secure the Property's Title Information The first step in verifying land ownership is to request a copy of the Transfer Certificate of Title (TCT) for land or the Condominium Certificate of Title (CCT) for a condominium from the seller or current owner. These documents contain crucial information about the property's ownership and history. Tip : Always ask for the latest copy of the title to ensure that you are working with the most current information. 2. Verify the Authenticity of the Title Once you have the title information, visit the Land Registration Authority (LRA) website at www.lra.gov.ph to access their online verification system. By entering the title number, you can che...
Discover comprehensive guides and expert tips on real estate, buying lands, and purchasing houses. Our blog provides valuable insights and practical advice to help you navigate the complex world of property investments. Whether you're a first-time buyer or an experienced investor, our articles cover essential topics, including land ownership, legal considerations, market trends, and more. Start your journey to successful real estate ventures today!