Clean title in the Tax Agreement effortlessly

Aug 6th, 2022
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How to easily clean title in Tax Agreement

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How to Clean title in the Tax Agreement

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So, welcome back. I'm Ted Thomas. On this episode, I'm going to cover how to get a clear title on a tax deed. Now, this is pretty advanced material so we're gonna have to pay close attention. All right, how to get a clear title on a tax deed. Now I've been involved in this business for over 25 years. I've been guiding people and teaching people. I've been through most of these things a number of times so a clear title is very important when it comes to selling the property because the new buyer is gonna want a clear title. So, this is kind of insider information. I'll give you other information about tax liens and deeds as we go along. But at this particular video, before I finish, I'm gonna tell you 2 mistakes that are made at tax auctions. You don't want to make these mistakes because it's going to cost you 25, even $50,000. So, stay tuned until I finish this short video and I'm coming right back. Okay, this episode is all about how to get a clear title on a tax deed. Now, as you p...

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Go to the registry of deeds. Every city or province in the Philippines has its own RD, which houses the original titles to all registered lands within its borders. Owners of registered lands, on the other hand, receive an Owners Duplicate Certificate that matches the original title on file with the RD.
A clear title means a property title that verifies the ownership of a property without any form of disputes and liens. Issued by the local governing authority of a state, the title clearance certificate is proof confirming no debt or border encroachment is associated with it and is clear of all kinds of encumbrances.
When you buy a property in the Philippines, you should always ensure that the title is clean. This means that there are no outstanding debts or other hindrances on the property. You can check the status of the title by doing a search at the Land Registration Authority (LRA) website.
In Massachusetts real estate transactions, a seller should be able to transfer good, clear, and marketable title to a buyer. Clear and marketable title means that there are no defects, encumbrances, liens, or the possibility of litigation associated with the property.
There are two kinds, namely: Original Certificate of Title (OCT), which is issued for newly titled land; and. Transfer Certificate of Title (TCT), which is issued in case of mere transfer of previously titled land.
A clear title is one that is free of any liens, debts, claims, or other doubts about ownership. A clear title is one that is free of any liens, debts, claims, or other doubts about ownership. Establishing a clear title is important in many transactions, including buying a car or a home.
The back page of the title contains annotations (if any) for liens and encumbrances like mortgage, adverse claim, etc. This page must be empty if youve been promised a clean title. Make sure real estate taxes have been paid. Check with the Assessors Office to see if the real estate taxes have been paid up.
Clear title is a title free of claims or disputes about the ownership. Claims, doubts, or disputes about ownership often arise from liens or encumbrances.
Checking with the local Registry of Deeds (RD) is the best technique to verify the legitimacy of a title. In the Philippines, each city or province has its own RD, which holds the original titles to all registered lands under its jurisdiction.
There are five places you can go to if you want to verify the authenticity of property titles. Registry of Deeds. Municipal or City Assessors Treasurers Offices. Land Registration Authority (LRA) Housing and Land Use Regulatory Board (HLURB)

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