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Thursday, October 1, 2009

Can I buy Tax Declared Properties?

Yes. by virtue of Administrative Order No. 2003-06 of the Department of Environment and Natural Resources, certain islands that are tax declared can now be titled for as long as they are classified as alienable and disposable because of the recent lifting of the moratorium on the disposition and granting of any title, concession, permit or lease on all small islands nationwide. .
But there are properties that cannot be issued titled.

Make sure you are dealing with Licensed Real Estate Brokers in the Philippines that have checked the tax declared property for you.

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