PROVISIONS ON REAL PROPERTY TAX EXPLAINED
Tuesday, September 18, 2012
Monday, September 10, 2012
Section 283 of R A 7160
SEC. 283. Sale and Forfeiture Before Effectivity of Code. - Tax delinquencies incurred, and sales and forfeitures of delinquent real property effected, before the effectivity of this Code shall be governed by the provisions of applicable laws then in force.
Section 282 of R A 7160
SEC. 282. Real Property Assessment Notices or Owner's Copies of Tax Declarations to be Exempt from Postal Charges or Fees. - All real property assessment notices or owner's copies of tax declaration sent through the mails by the assessor shall be exempt from the payment of postal charges or fees.
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.
Section 280 of R A 7160
SEC. 280. Fees in Court Actions. - All court actions, criminal or civil, instituted at the instance of the provincial, city or municipal treasurer or assessor under the provisions of this Code, shall be exempt from the payment of court and sheriff's fees.
Section 279 of R A 7160
SEC. 279. Insurance Companies to Furnish Information. - Insurance companies are hereby required to furnish the provincial, city or municipal assessor copies of any contract or policy insurance on buildings, structures, and improvements insured by them or such other documents which may be necessary for the proper assessment thereof.
Section 278 of R A 7160
SEC. 278. Duty of Registrar of Deeds and Notaries Public to Assist the Provincial, City or Municipal Assessor. - It shall be the duty of the Registrar of Deeds and notaries public to furnish the provincial, city or municipal assessor with copies of all contracts selling, transferring, or otherwise conveying, leasing, or mortgaging real property received by, or acknowledged before them.
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