Скачать или смотреть 🚨 Our Biggest Mistake Buying Property in the Philippines 🇵🇭

We’re sharing the biggest mistake we made while buying property in the Philippines — and how it almost caused us to lose access to our beautiful view property in Bohol.

Here’s what we cover:

🇵🇭 Part 1: The 5 Steps of the Philippine Title Process

1️⃣ Absolute Deed of Sale
Once signed and notarized, the 30-day clock begins to submit documents to the BIR and pay taxes.

2️⃣ Submit to BIR & Pay Taxes
• Documentary Stamp Tax (DST) – 1.5%
• Capital Gains Tax (CGT) – 6%
Both are calculated on the higher of the purchase price or BIR zonal value.

3️⃣ CAR Issuance (eCAR)
The Certificate Authorizing Registration is the most important document in the process.
Without the CAR, the title transfer cannot move forward.

4️⃣ Registry of Deeds (ROD)
All documents are submitted, and a new Transfer Certificate of Title (TCT) is issued.

5️⃣ Assessor’s Office Update
The new TCT is filed, and the new owner is reflected on the tax declaration.

🏝 Part 2: Our Experience Looking for Property in Bohol

We share what we learned:
• Making offers
• Understanding listing structures
• Being cautious with middlemen
• Protecting yourself legally
• Why due diligence matters

⚠️ Part 3: Why We Almost Lost Access to Our Property - Our Biggest Mistake
This is the part you don’t want to miss.
We faced unexpected right-of-way access issues that could have jeopardized everything.
Stay until the end to hear what happened — and what we learned.

⚖️ This content is for educational purposes only and is not legal advice. Always consult an experienced real estate attorney in the Philippines before making any property decisions.

🧭Table of Contents
00:00 – Introduction
01:15 – PART 1: The Philippine Property Title Process
01:37 – Step 1: Absolute Deed of Sale
02:41 – Step 2: BIR Filing and Taxes Due
04:08 – Step 3: Certificate Authorizing Registration (CAR)
05:14 – Step 4: Registry of Deeds (ROD)
06:02 – Step 5: Accessor's Office
06:22 – PART 2: Buying Property in Bohol
07:18 – Types of Agents
12:09 – Be clear who's paying for what
12:41 – Sample Reservation Letter
17:08 – No Verbal Agreements!
19:00 – Our Recommendation
20:28 – PART 3: Our Biggest Mistake
21:40 – Retain an attorney to handle sale/title
24:14 – Subdivision Plan May Be Required
33:56 – Right of Way Annotation
34:04 – Thanks for Joining!

RECOMMENDED ATTORNEY:
David S. Maulas
Maulas & Vertulfo Law Offices
J.S. Torralba St. Tagbilaran City, Bohol
0917-671-0935
[email protected]

RESERVATION LETTER:
Click on the link below and then save to your computer before modifying:
https://tinyurl.com/phreservationletter

⚖️ This video is for educational purposes only and reflects our personal experiences. It is not legal advice. Every property situation is different, so we strongly encourage you to consult an experienced real estate attorney in the Philippines before making any decisions.

🎵 Music Attribution
🎶 Beach Life – tubebackr
Free Download: https://freetouse.com/music/tubebackr
License: Creative Commons Attribution (CC BY 3.0)
Artist Channel: / @tubebackr