Legal Document Expiration Rules

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Summary

Land title documents in the Philippines typically do not expire but should be updated for changes like ownership transfer. Deed of Sale and Deed of Donation must be registered. Deed of Donation should be registered within 30 days. Donors Tax and Documentary Stamp Tax apply. Property can be donated to minors, held in trust by a guardian. Specific formats are required for these deeds. Failure to register a Deed of Donation within 30 days may invalidate it. A will must be probated to be effective. Deed of Donation can be given to two persons. Deed of Sale must be written, signed, notarized, and registered. Taxes for Deed of Sale include Capital Gains Tax, Documentary Stamp Tax, and Transfer Tax. Donors Tax varies from 2% to 15% based on fair market value. Consult a lawyer for specific advice.

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Are therer expiration for legal documents relevant to land properties
Hello ****, land title documents in the Philippines typically do not expire. However, it's important to keep them updated in case of changes such as transfer of ownership or land division. Can you specify the type of legal document you're referring to?
how about for deed of sales and deed of donation?
Deed of Sale and Deed of Donation in the Philippines do not have expiration dates. However, these documents need to be registered:
- Deed of Sale: Register with the Registry of Deeds in your province/city.
- Deed of Donation: Register within 30 days from the date of execution.
Please consult a lawyer for specific advice.
What is the best way of giving part of your property to grandchildren
In the Philippines, you can choose the following ways to give part of your property to your grandchildren:
- Deed of Donation: A legal document expressing the voluntary transfer of property without any cost.
- Will: A legal document where you can specify who will inherit what part of your estate after your death.
Please consult a lawyer for specific advice.
deed of sale for less than * pesos
In the Philippines, a Deed of Sale even for less than * pesos is valid. The following legal requirements apply:
- It must be in writing.
- It must be notarized.
- It must be registered with the Registry of Deeds.
Please consult a lawyer for specific advice.
are there taxes for registration of deed of donation
Yes, in the Philippines, there are taxes associated with the registration of a Deed of Donation:
- Donor's Tax: Based on the fair market value of the property.
- Documentary Stamp Tax: *.*% of the zonal or fair market value, whichever is higher.
Please consult with a tax professional for accurate information.
can the donor donate property to his/her grandchildren even its below 18 years old
In the Philippines, a donor can donate property to his or her grandchildren, even if they are below 18 years old. However, the following conditions apply:
- The property will be held in trust by their legal guardian until they reach the age of majority.
- The Deed of Donation must be registered with the Registry of Deeds.
- The donor's tax and other fees need to be settled.
Please consult with a lawyer for more specific advice.
are there format in writing deed of donation and deed of sale?
Yes, there are specific formats for both Deed of Donation and Deed of Sale in the Philippines:
- Deed of Donation: Must include donor and donee's names, description of the property, and the fact that the donation is voluntary.
- Deed of Sale: Must include names of seller and buyer, amount of sale, and description of the property.
Please consult a lawyer for a formal format.
what will happen if deed of donation isnt registered within 30 days
If a Deed of Donation in the Philippines isn't registered within 30 days:
- The donation isn't valid until it's annotated on the title.
- This may result in legal disputes in the future.
- Donor's tax penalties may apply.

Please consult a lawyer for specific advice.
how about will
In the Philippines, a will must be written, signed, and witnessed by three or more credible witnesses. If not probated during the testator's lifetime, it has no effect until proved and allowed in court. Please consult a lawyer for specific advice.
If not probated during the testator's lifetime, it has no effect until proved and allowed in court. please simplify
This means if the will is not validated (probated) during the person's (testator's) life, it doesn't have any legal impact. It only becomes legally effective when it's proven and accepted in court after the testator's death.
deed of donation validity upon registration
In the Philippines, a Deed of Donation becomes valid upon its registration with the Registry of Deeds. This should be done within 30 days of its execution. Failure to register may result in the donation not being valid and potential legal disputes. Please consult a lawyer for specific advice.
can you give deed of donation to two persons
Yes, in the Philippines, a Deed of Donation can be given to two persons. The rules are as follows:
- Both donees must accept the donation.
- The property will be owned jointly by the donees.
- The Deed of Donation must specify the division of the property.
Please consult a lawyer for specific advice.
deed of sale
A Deed of Sale in the Philippines is a legal document that evidences the sale and transfer of a real property from a seller to a buyer. Key points include:
- It must be in writing.
- It must be signed by the seller and buyer.
- It should be notarized and registered with the Registry of Deeds.
- It should specify the property details and selling price.
Please consult a lawyer for specific advice.
deed of sale taxes price
In the Philippines, a Deed of Sale is subject to the following taxes and fees:
- Capital Gains Tax: *% of the selling price or zonal value, whichever is higher.
- Documentary Stamp Tax: *.*% of the selling price or zonal value, whichever is higher.
- Transfer Tax: Varies per city/municipality.
Please consult a tax professional for accurate information.
which has more tax, deed of sale or deed of donation
In the Philippines:
- Deed of Sale taxes: Capital Gains Tax (*% of selling price or zonal value), Documentary Stamp Tax (*.*% of selling price or zonal value), and Transfer Tax (varies per city/municipality).
- Deed of Donation taxes: Donor's Tax (based on fair market value), and Documentary Stamp Tax (*.*% of zonal or fair market value).
The tax amount depends on property value and city/municipality regulations. Consult a tax professional for specifics.
Donor's Tax (based on fair market value),
In the Philippines, the Donor's Tax is a tax on a donation or gift, and is paid by the donor (giver). Here are the key points:
- The tax is based on the total net gifts made during the calendar year.
- The tax rate varies from *% to *% based on the fair market value of the property.
- The tax should be filed and paid within thirty (*) days after the gift is made.
Please consult a tax professional for accurate information.