AGREEMENT OF SALE This Agreement of Sale is made and executed on this the 16th Day of March‚ 2013 by and between : Smt. CH. PADMAVATHI‚ W/o. Sri. Srinivasa Rao‚ aged about 51 years‚ Occ: Business‚ R/o. Plot no. 174‚ Road No. 72‚ Prashasan Nagar‚ Jubilee Hills‚ Hyderabad – 500033. (Hereinafter called the VENDOR which term shall mean and include all her legal heirs‚ representatives‚ executors‚ administrators and assignees etc.). INFVOUR OF Sri. MANDALA SRIRAMULU‚ S/o. Late
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Old System Title Legal Interests under Old System Title S184G CA: priority given to the earlier same as s 12 of the former Registration and Deeds Act. If the four elements are satisfied‚ namely: 1. Instrument relating to the land (excludes wills) must be effective and not void 2. Made in good faith a. There must be no fraud – Re Cooper b. It must be bona fide - Marsden v Campbell c. Notice only effective after registration‚ no notice before registration‚ but after settlement – Scholes
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To: Stacy Hopkins From: Suzanne M. Briscoe Re: Final Assessment Probate 65B Date: June 12‚ 2013 1. What does the term “probate estate” refer to? The term “Probate Estate” quite simply‚ refers to all the assets and property owned at the time of the defendant’s death that require some form of probate proceeding before the title and assets may be transferred to the proper heirs. 2. If property (either community or separate) goes outright to a surviving spouse or domestic partner
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lowest price cost within the particular area and negotiate the price with the concerned broker / land owner 4. Give the respective Land owner / Broker the Advance amount with proper physical evidences and get the Xerox copy of the particular Sale Deed of the document 5. Get Encumbrance Certificate for that particular land for 20 years and contact Legal Advisor for any litigation if any. 6. Once cleared of Legal Issues for purchasing the land‚ fix the date of registration after consent with
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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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in which are held in joint tenancy. At the same time‚ it is possible for tangible property such as inventories to be owned in survivorship. On the other hand‚ it may be difficult to prove ownership if there is no evidence of a true title like a deed or bill of sale. Joint tenancy should be created on legal documents that establish ownership. The names of the owners should be connected with the word "and." The names of the owners should also be followed with the words "as joint tenants and
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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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