Transfer of Ownership

SPR BORACAY REAL ESTATE INC., with it’s ample experience in dealing with transfer and conveyance of ownership is offering a more convenient and hassle free transfer procedure.

In terms of land ownership transfer, it is inevitable to have an Alienable and Disposable (A&D Certificate) Certificate together with an Approved Plan from the DENR. It has to be cleared that the size of the actual land coincides with its documentations and also the name of the TRANSFEROR be it as a Seller, Donor or Grantee should reflect as the owner in their respective Transfer Certificate of Title (TCT) or tax declaration.

The same principle applies in transferring ownership of improvements like Condominium, Apartments and residential dwellings. Expenses incurred are either shoulder by the Seller or Buyer or shared between the 2 parties except VAT ( if any) which is automatically on the account of the Seller, But in most places in the Philippines the expenses is on the account of the Buyer. Incidental and miscellaneous expenses incurred during the transfer process. However, can be negotiated in between buyers and sellers which they can mutually agree upon. All these terms and conditions should be reflected on the Contract to Sell between the parties involved in the negotiation.

A certificate of Road Easement 15m from the center line of the road to the edge of the property line and 25m+5m Beach Easement from the mean high tide mark Certificate issued by the Dept. of Environment and Natural Resources (DENR) is also required.

Other than the mentioned certificates, an A&D Certificate is also required and an Approved/ Survey Plan of the property is necessary to transfer the existing tax declaration/title of a certain lot.

After the transfer procedure has been fully done. Our Office will hand over to you all the Transfer Certificate of Title (TCT) and or Tax Declaration already in the name of the TRANSFEREE (Buyer, Donee or Grantee, etc.) together with all the necessary documents and government receipts obtained from the transaction such as Transfer Tax receipt, Capital Gains Tax and documentary stamp tax receipt, ROD Registration receipts.