Monday, September 10, 2012
Section 281 of R A 7160
SEC. 281. Fees in Registration of Papers or Documents on Sale of Delinquent Real Property to province, City or municipality. - All certificates, documents, and papers covering the sale of delinquent property to the province, city or municipality, if registered in the Registry of Property, shall be exempt from the documentary stamp tax and registration fees.
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The exemption of fees covers only those properties taken by the government for non-payment of real property taxes.
ReplyDeleteHello Sir, what if the warrant of levy was executed after the final ruling of the Supreme Court and that claimant of delinquent realty tax was DENIED FOR HIS OWNERSHIP. LAND WAS ORIGINALLY CLASSOFED AS FORESTRY UNTIL BEING RECLASSIFOED AS RAW LAND WHEN HE STARTED DECLARING TAX AND AT THE TINE THE LAND WAS RECLASSIFOED AS ALLEINABLE AND DISPOSABLE LAND IN 2010 WAS ALREADY IN THE POSSESSION OF BUYER IN GOOD FAITH? 50 FAMILIES WERE RESIDING ALREADY. 2013 SUPREME COURT DECISION WAS UPHELD THEN 2015 WARRANT OF LEVY EXECUTED.
ReplyDeletePLEASE GIVE ME YOUR OPINION ON THIS MATTER, THANK YOU.
IMEE JON
Is the execution of warrant of levy valid under Prescription period Section 270 R.A. 7160? Is the effectivity of Auction being held by the City Treasurer over a land with no title Void ab Initio because the property was already public land when they summon the tax declared owner for tax payment?
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