price of our inherited house and lot‚ covered by TCT No. 119627 of the Registry of Deeds of Quezon City‚ in the total amount of P1‚240‚000.00.We bind ourselves to effect the transfer in our names from our deceased father‚ Constancio P. Coronel‚ the transfer certificate of title immediately upon receipt of the down payment above-stated.On our presentation of the TCT already in or name‚ We will immediately execute the deed of absolute sale of said property and Miss Ramona Patricia Alcaraz shall immediately
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Co-ownership Why did David leave the property behind for his three daughters? What is the purpose of it? From a third party’s point of view‚ we say that it was meant for them to make a living out of it. He wants to let the property be there so that his three daughters can still live together even after he passed on. Based on the assumption that his three daughters share the co-ownership as joint tenancy of the property based on this sentence ‘jointly and to share amongst themselves’. What
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Garcia‚ who is also her sister. On July 18‚ 2001‚ petitioner filed a motion for leave to present evidence ex-parte without impleading her co-owner‚ citing the irreconcilable differences between them which the RTC granted. - RTC ordered Register of Deeds to reconstitute. Hence‚ the appeal by Republic‚ through OSG. - According to the Court of Appeals‚ the petition for reconstitution was filed under Sec. 3(f) of Republic Act (R.A.) No. 26 which grants the court the authority to consider other documents
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Assignment 1: 111 Question: You work for Tract & Co‚ Licensed Conveyancers of High Street‚ Northtown‚Cornwall. You have an appointment with a new client‚ Miss Helen Troy. At yourmeeting‚ she tells you that she would like to purchase Lilac Cottage on the edge ofthe picturesque village of Trepolpen. The price will be £125‚000. 1. Briefly outline the matters which you will discuss with your client at this time. (15marks) 2. Outline‚ with a brief description‚ the searches you would be likely to
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the seller when transferring the real estate property title (TCT - Transfer Certificate of Title or CCT - Condominium Certificate of Title) to a new owner: The SELLER pays for the: Capital Gains Tax equivalent to 6% of the selling price on the Deed of Sale or the zonal value‚ whichever is higher. (Withholding Tax if the seller is a corporation) Unpaid real estate taxes due (if any). Agent / Broker’s commission. The BUYER pays for the cost of Registration: Documentary Stamp Tax - 1.5% of the
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James V. Taylor Court of Appeals of Arkansas‚ Division III‚ 1998 62 Ark. App. 130‚ 969 S.W.2d 672 FACTS: Eula Mae Redmon conveyed certain real estate to her children‚ W. C. Sewell‚ Billy Sewell‚ and Melba Taylor‚ by means of a January 1993 deed. The deed recited that the property was conveyed to the three grantees "jointly and severally‚ and unto their heirs‚ assigns‚ and successors forever‚" subject to a life estate retained by Mrs. Redmon. W. C. Sewell died in November 1993. Billy Sewell died
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CONSTRUCTION/EXTENSION/IMPROVEMENT 1. Title deed in favour of applicant/co-applicant-Original 2. Parent documents for minimum 15 years 3. Encumbrance Certificate for minimum 15 years - Original 4. Sanctioned plan 5. Estimate for construction 6. Cheque favouring letter with Bank account details FLAT PURCHASE (NEW) 1. Sale agreement for undivided share-Original 2. Sale deed for undivided share-Original-If registered
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INTRODUCTION This paper is set to advise John Phiri on the best possible action to take in relation to redress in the courts of Law. In due course‚ this paper will attempt to demonstrate why the said action is the best under the prevailing circumstances. This paper will also employ relevant legislation and authorities and draw a conclusion to elucidate this fact. CONTROL OF ADMINISTRATIVE ACTIONS To fully advise John‚ it is important to note that administrative actions emanate from public authorities
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land UNIT 9- LEVEL 6 - LAND LAW SUGGESTED ANSWERS - January 2010 Note to Candidates and Tutors: The purpose of the suggested answers is to provide students and tutors with guidance as to the key points students should have included in their answers to the January 2010 examinations. The suggested answers do not for all questions set out all the points which students may have included in their responses to the questions. Students will have received credit‚ where applicable‚ for other points not addressed
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Daniel Pitaluga. “[On one view of proprietary estoppel] ‘unconscionaibility has no independent existence for it is defined purely in terms of three factual requirements. The corollary is‚ of course‚ that unconscionability exists by definition whenever there is an assurance‚ reliance and detriment‚ because non-performance of the assurance after the detriment will always be unconscionable. Such a view is at odds with those who view unconscionability as at the heart of the doctrine – in the sense
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