The article discusses property ownership in the Philippines for Filipinos living abroad, including dual citizens and non-resident Filipinos. It outlines their rights, legal considerations, tax obligations, and the importance of proper title registration. It emphasizes the need for legal guidance to navigate the intricacies of real estate transactions.
Tag Archives: SPA
Navigating Real Estate Transactions: Unveiling the Significance of Powers of Attorney
In real estate transactions in the Philippines, a written authorization for agents is crucial to the validity of land sales. Powers of Attorney facilitate and protect rights in transactions, offering flexibility, expertise, and continuity. Comprehending POA’s legal implications is essential for compliance, risk management, and effective communication between principals and agents, ensuring secure property dealings.
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