SC: Condominium Corporations Do Not Engage in Trade or Business by Merely Collecting Association Dues The Supreme Court of the Philippines has clarified an important issue concerning condominium corporations and the taxation of association dues. The Court ruled that condominium corporations are not considered engaged in trade or business merely because they collect association dues, membersh...
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ποΈGatewalk Mall Takes Shape in Mandaue City The Gatewalk Mall development in Mandaue City is taking shape as a new destination for retail, dining, entertainment, creativity, and recreation in Metro Cebu. Located within the rapidly developing North Reclamation Area, the project is expected to contribute to the area's transformation into a more active mixed-use and commercial district....
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How Beginners Earn Their First Commission in Real Estate "I don't have any experience." This is the number one reason why many people never start a career in real estate. The truth is, almost every successful real estate professional started exactly the same way—with no listings, no clients, and no experience. So how do beginners earn their first commission?...
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Cebu Landmasters, Inc. (CLI), one of the leading property developers in the Visayas and Mindanao, continues to strengthen its presence in the hospitality sector with Abaca Resort Mactan, its flagship luxury resort development in Lapu-Lapu City. The approximately β±2.5-billion project is designed to elevate Cebu's position as a premier tourism destination by offering world-class accommodation...
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What If the Owner Is Already Deceased? The short answer is: The property generally cannot be sold by the deceased owner anymore. Once a property owner passes away, ownership and authority over the property become part of the estate of the deceased. Before the property can be legally sold or transferred, the estate must first be properly settled in accordance with Philippine law. Here...
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How Do I Know if the Seller is the Real Owner? One of the biggest mistakes buyers make is assuming that the person selling the property is automatically the legal owner. Always verify before you buy. Here are some practical steps: 1. Ask for a copy of the Transfer Certificate of Title (TCT) or Original Certificate of Title (OCT). Check if the seller's name matches the register...
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