Similar to that of a normal corporation, the stocks of the sole stockholder of the OPC can be transferred from one person to another...
Read MorePHILIPPINE ESTATE TAX AMNESTY EXTENSION UNTIL JUNE 2025
The Estate Tax Amnesty extension allows transfers of inherited land to new owners for a fixed 6% estate tax at reduced requirements...
Read MoreWhat are the sibling inheritance laws in the Philippines?
Siblings can inherit from each other in inheritance of property law in the Philippines. Siblings inheritance can either be through a will or without a will...
Read MoreCancellation of Encumbrance (Sec 7 RA 26)
Removing the annotation is important so that the title is clean and reassures potential buyers or institutions that there is no risk to the property...
Read MoreLessee’s right of renewal clauses in lease agreements
The Civil Code provides that a condition is void if its fulfillment depends upon the sole will of the debtor...
Read MoreWhen an Heir Waives His Share of the Inheritance
It can happen that an heir to a Philippine inheritance might want to waive his share of the estate. A waiver may be total or partial...
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