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Average Title transfer service fee is ₱20,000 for properties within Metro Manila and ₱30,000 for properties outside of Metro Manila.
The Process of Transferring Property Identify the recipient or donee. Discuss the terms and conditions of the transfer with that person. Complete a change of ownership form. Change the title on the deed. Hire a real estate attorney to prepare the deed. docHub and file the deed.
The lender will need to be satisfied that you will be able to afford the mortgage as the sole mortgagor. The mortgage lender will then need to give you written consent in order to remove the other party from the deeds to your house. The lender will require the change in ownership to be carried out by a solicitor.
If there is a title deed in the name of the previous owner, you would need a lawyer, called a conveyancing attorney, to transfer the title deed into your name. The conveyancing attorney sees to it that the title deed is signed into your name by the Registrar of Deeds and files a copy in the Deeds Office.
General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.
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Special warranty deeds go by many names in different states, including covenant deed, grant deed, and limited warranty deed. The guarantee covers only the period when the seller held title to the property with a special warranty deed.
Estate Transactions In an estate transaction where the executor of estate has nothing attesting to the history of the property prior to the owner who has passed, a special warranty deed may be issued.
A general warranty deed is the most common type of warranty deed in the United States. It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home even dating back to prior property owners.
Quitclaim deeds are used to transfer ownership interest in a property, without guaranteeing that the property is free of debt. The grantor is signing over whatever interest he or she may have in the property.
A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.

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