Capili: Promoting the real estate course (I)
WHEN the new real estate law – the Real Estate Service Act (RESA) took effect on July 30, 2009, one of the main thrusts was the professionalization of the real estate industry.
Prior to RESA, real estate practice was considered more as a “trade” being then under the supervision of the...
Capili: Understanding property taxation better (IV)
THE collection and payment of real property tax shall be based on these guidelines:
1. The tax shall be payable starting on the first day of January and shall constitute a lien on the property superior to any other lien.
2. The collection shall be the responsibility of the City or...
Capili: Understanding property taxation better (III)
IN THE Appraisal and Assessment of Real Property, the following are the guidelines:
1. Owners or administrators shall file a Sworn Statement of True Value of their property with their Local Assessor’s Office every three (3) years during the period from January 1st to 30th commencing with...
Capili: Understanding property taxation better
PRESIDENTIAL Decree (P.D. No. 464) otherwise known as THE PROPERTY TAX CODE governing the Appraisal and Assessment of real property for the purpose of taxation is guided by the following FUNDAMENTAL PRINCIPLES:
a. Real Property shall be appraised at its Current and Fair Market Value....
Capili: Understanding property taxation better (I)
TAXES are the life blood of any nation. Through taxes, services sought by the citizenry such as the need for school buildings and facilities, health care services like hospitals, clinics and health centers and many other social and community needs are addressed. Without taxes, no government of...
Capili: A call for unity
ALMOST three years after the effectivity of the new real estate law, the Real Estate Service Act (RESA), the recognized AIPO (Accredited and Integrated Professional Organization) of real estate service practitioners, have not yet gone to a good start. This is because there is a lot of bickering...
Capili: A second look at the housing problem
TODAY’S housing problem had reached such magnitude that the government alone cannot be expected to provide the necessary solution and that new and bolder scheme must be in place to meet head-on Philippine housing woes. Henceforth, there is a compelling necessity for the private sector and the...
Capili: Second look at the Rent Control Law
SINCE the first rent control law was implemented in 1984, a lot of amendments and revisions had occurred since then. By way of recall, the first rent control law was enacted through Batas Pambansa (B. P.) Blg. 25 authorizing lessors of residential units with monthly rentals not exceeding P 300....
Capili: Understanding the land titling system
(By popular request, we are explaining further the subject topic with the thought that it would help us understand further the history of land titling as adopted in the Philippines)
AFTER tracing the roots of the land registration system adapted in the Philippines, it is perhaps...
Capili: Sharing real estate with the architects (II)
(Speech delivered by the author during the monthly general meeting of the Philippine Institute of Architects – PIA – Manila Section February 24, 2012 in Pasig City, Metro Manila)
> LICENSURE EXAMINATION. Every applicant seeking to be registered and licensed as a real estate service...
Capili: Sharing real estate with the architects (I)
(Speech delivered by the author during the monthly general meeting of the Philippine Institute of Architects – PIA – Manila Section February 24, 2012 in Pasig City, Metro Manila)
Capili: Organizing Real Estate professionals (IV)
(We are sharing this information and announcement on the organization of real estate service practitioners coming the National Office of PhilRES through its Secretary General Josefina D. Magumcia)
Nomination procedure in local chapters (Continued)
Capili: Organizing real estate professionals
(We are sharing this information and announcement on the organization of real estate service practitioners coming the National Office of PhilRES through its Secretary General Josefina D. Magumcia)
Capili: Organizing Real Estate Professionals (II)
(We are sharing this information and announcement on the organization of real estate service practitioners coming the National Office of PhilRES through its Secretary General Josefina D. Magumcia)
STEP III.
1. Place (a) photocopy of payment deposit slip; (b) two (2) copies...
Capili: Organizing real estate professionals (I)
(We are sharing this information and announcement on the organization of real estate service practitioners coming the National Office of PhilRES through its Secretary General Josefina D. Magumcia)
THE Philippine Institute of Real Estate Service Practitioners (PhilRES) Incorporated...
Capili: Organizing real estate professionals (I)
(We are sharing this information and announcement on the organization of real estate service practitioners and its local chapters, coming from the National Office of PhilRES through its Secretary General Josefina D. Magumcia)
THE Philippine Institute of Real Estate Service...
Capili: PhilRES – AIPO designate (III)
(THIS is the third and last part of a series on PRB-RES Resolution No. 2011-19 recognizing and accrediting the Philippine Institute of Real Estate Service Practitioners, Inc. – PhilRES as the Accredited and Integrated Professional Organization (AIPO) of Registered and Licensed Real Estate...
Capili: PHILRES – AIPO designate (II)
(This is the second part of a series on PRB-RES Resolution No. 19 Series of 2011 recognizing and accrediting the Philippine Institute of Real Estate Service Practitioners, Inc. – PhilRES, as the Accredited and Integrated Professional Organization (AIPO) of Registered and Licensed Real Estate...
Capili: PHILRES – AIPO Designate (I)
(Note: In the interest of public service and as our general information campaign, we are publishing herewith the Professional Regulatory Board of Real Estate Service (PRB-RES) Resolution No. 19 Series of 2011 recognizing and accrediting the Philippine Institute of Real Estate Service...
Capili: Taking a second look at RESA (III)
PRACTICE of Real Estate
2. Acts Constituting the Practice of Real Estate Service and its Exemptions (Cont’d.)
d) Any person constituted as attorney-in-fact for any real estate transactions/s, without compensation or remuneration; and e) Public Officers in the performance of...
Capili: Taking a second look at RESA (II)
Licensure Examination
EVERY applicant seeking to be registered and licensed as real estate service practitioner, except a real estate salesperson, shall undergo an examination to be given by the PRB-RES (Professional Regulatory Board of Real Estate Service) and PRC (Professional...
Capili: Taking a second look at RESA (I)
THIS short study discusses the important points and highlights of the new real estate law – the REAL ESTATE SERVICE ACT (or RESA) – Republic Act No. 9646.
It took more than twenty (20) years before the law was passed when the bill professionalizing real estate practice was initiated by...
Capili: Understanding the land titling system
AFTER tracing the roots of the land registration system adapted in the Philippines, it perhaps necessarily to understand as well the system followed in land titling. These are twin requirements to formally claim ownership of properties purchased or acquired.
Capili: Tracing land registration roots
FEW people are aware of the origin of the land registration and eventually, the titling system we have adopted in the country. Not much information is known in this aspect and as part of our practice in real estate; we are sharing with you this knowledge.
Capili: Paving the way for the apo
THE enactment, approval and eventually the implementation of the Real Estate Service Act (RESA) more than two years ago pave the way for the professionalization of the real estate service practice.
