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Category: Real Estate Laws

Credit Report

R. A. 9510 [Credit Information System Act (CISA)]

Please see the full text of R.A. 9510 in relation to our post on The Importance of Credit History and Credit Scores in Real Estate Investing. Republic of the Philippines Congress ...
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Procedure for Judicial Foreclosure of Real Estate Mortgage (Rule 68, Rules of Court)

Those who may be interested in the procedure for judicial foreclosure in the Philippines may refer to Rule 68 below. RULE 68 FORECLOSURE OF REAL ESTATE MORTGAGE Section 1. Complaint ...
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Procedure in Extra-Judicial Foreclosure of Mortgage (A.M. No. 99-10-05-0)

Procedure in Extra-Judicial Foreclosure of Mortgage (A.M. No. 99-10-05-0)

I'm sure a lot of people are thinking about the procedure for extra-judicial foreclosure of mortgage. For our reference, we are publishing A.M. No. 99-10-05-0 (dated August 7, 2001, as ...
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Home Mortgage Relief Act Of 2014 (Senate Bill No. 2148 full text) Proposes Tax Incentives For First-Time Homebuyers

Home Mortgage Relief Act Of 2014 (Senate Bill No. 2148 full text) Proposes Tax Incentives For First-Time Homebuyers

Last Friday, April 4, 2014, we heard over the radio that Sen. Sonny Angara filed Senate Bill No. 2148 (Home Mortgage Relief Act of 2014) which proposes that tax incentives ...
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Republic Act No. 6732 - An Act Allowing Administrative Reconstitution of Original Copies Of Certificates Of Titles Lost Or Destroyed

Republic Act No. 6732 – An Act Allowing Administrative Reconstitution of Original Copies Of Certificates Of Titles Lost Or Destroyed

Republic Act No. 6732 allows the administrative reconstitution of original copies of certificates of titles lost or destroyed due to fire, flood, and other force majeure, if at least ten ...
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Republic Act No. 26 - An Act Providing A Special Procedure For The Reconstitution Of Torrens Certificates Of Titles Lost Or Destroyed

Republic Act No. 26 – An Act Providing A Special Procedure For The Reconstitution Of Torrens Certificates Of Titles Lost Or Destroyed

Republic Act No. 26, provides the special procedure for the judicial reconstitution of a certificate of title that got lost or destroyed. Judicial reconstitution is followed in case least ten percent ...
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What's The Difference Between A Real Estate Salesperson And A Real Estate Broker?

What’s The Difference Between A Real Estate Salesperson And A Real Estate Broker?

In a recent post about the latest list of real estate salespersons whose accreditation have been approved by the Professional Regulatory Board of Real Estate Service (PRBRES), I received a ...
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Accreditation Of 1,086 Real Estate Salespersons Approved By The PRC/PRBRES

This should be welcome news to real estate salespersons out there who have been waiting for the approval of their accreditation. Through their website, the Professional Regulation Commission (PRC) announced ...
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Is BIR RR No. 10-2013 Favorable To Violators Of The RESA Law?

Is BIR RR No. 10-2013 Favorable To Violators Of The RESA Law?

Some PRC-licensed real estate service practitioners (RESP's) believe that the newly-released Bureau of Internal Revenue (BIR) Revenue Regulations (RR) No. 10-2013 dated May 2, 2013 is favorable to violators of the ...
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PRBRES Releases February-March 2013 Real Estate Brokers/Appraisers Approved For Registration w/o Examination

The Professional Regulatory Board of Real Estate Service (PRBRES) has released the February - March 2013 board resolutions for the approval of the registration without examination of Real Estate Brokers and ...
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