Real Estate Laws

Idle Land Taxation – What you Need to Know

Here's vital information on Idle Land Taxation as promised taken from jmc.blgv.gov.ph for your reference, as mentioned this is one issue that was recently encountered on a commercial property in Metro Manila wherein they had already paid their taxes and got their tax clearance then suddenly was charged by the Local Government of that municipality, Idle Land Tax.  as per some friends and clients affected by this issue, the solution was to put a structure or plant something on the land, point is not to leave the the "idle".  hope this article will shed light on this matter most aren't aware of.  as mentioned, it's always the burden of the property owner to know the law !

Case Study on Paraphernal Property and Extra Judicial Settlement

Case Study : In this business, the most important people re documentation are the Bureau of Internal Revenue, Assessor’s Office and Register of Deeds ( RD ). We all at sometime will come across a client, investor, bank, lawyer who claim to know it all or have been informed otherwise ( these are the hardest people to deal with so handling it with special care and reasoning out with them is important ) but at the end of the day, it’s the three above mentioned Government agencies that really have the say so as not to waste our time.

Ethics – Beware of Unethical Practices

I just came back from an out of town trip for some business and at the same time, educate myself on how the foreign market is doing in comparison to the Philippines Real Estate Market ( will blog soon).  During my travels, i continuously receive sms, email or  facebook messages regarding several issues ( real estate or other issues ) and one that really got to me is how unethical practice continue to be practiced by quite a number of practitioners, licensed or NOT !  Take note, being a seasoned broker that’s been in practice for sometime now, we have a “saying”, been there, done that !  We know the modus operandi of how these culprits operate and one day, they will suffer the consequences of their actions.  We actually have brokers we avoid due to their unethical practice, just a matter of time !

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Robert G. Sarmiento Properties
Professional Affiliation :
Philippine Association of Real Estate Boards
Member, City of Taguig Real Estate Board 2016 - 2019
Real Estate Broker’s Association of the Philippines 2000 - 2015
President, San Juan 2008, 2009
Philippine Association of Real Estate Boards
San Juan Mandaluyong Chapter 1998, 1999
PRC # 6569
PRC Lecturer’s License # 0294
+ 632 5536051 ( trunkline )
+ 632 4781316 ( telefax )
+ 632 8561365 ( line 3 )
+ 632 8041701 ( line 4 )
+ 6325148481 ( mobile landline )
+ 63 917 5364829 ( globe )
 

Contact

Give us a call at

+ 632 5536051 ( trunkline )
+ 632 4781316 ( telefax )
+ 632 8561365 ( line 3 )
+ 632 8041701 ( line 4 )
+ 6325148481 ( mobile landline )
+ 63 917 5364829 ( globe )
 

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