BUYING OR SELLING REAL PROPERTY IN THE PHILIPPINES | PHILIPPINE REAL ESTATE SERIES EP#2

Описание: Buying land in the Philippines; Selling land in the Philippines; Real estate investment in the Philippines; Special Power of Attorney or SPA; Apostille of SPA; Legalisation or consularization of document; Deed of Sale; Deed of Absolute Sale; Deed of Conditional Sale; Contract of Sale of Land; Contract to Sell; Authority to Sell; Authority to Buy; Notarization; Authentication of document; Apostille Convention; Authentication of Special Power of Attorney; Agent; Department of Foreign Affairs; How documents are apostilled?; How to sell land in the Philippines?; How to buy land in the Philippines; Real estate transaction for foreign nationals; Can you buy or sell your property in the Philippines from abroad? How to authorize an agent for a real estate transaction in the Philippines?; When is a special power of attorney necessary? Why is special power of attorney required? When should you execute a special power of attorney? Civil Code of Philippines; Law of Agency; Buying and selling land in the Philippines; What you can do if you have land for sale in the Philippines? What to do if you have lot for sale in the Philippines?; Sale of real property in the Philippines; Philippine vlog; Real estate vlog; Philippine vlogger; Vlog Philippines; Vlogger Philippines; Filipino vlog; Filipino vlogger; Vlog on real estate; Philippine real estate updates; Tips in buying land; Tips in selling land; Notarization requirement in the Philippines; Philippine Real Estate Law; Philippine Law on Property.

Pertinent Provisions of the Civil Code of the Philippines:

“Article 1868. By the contract of agency a person binds himself to render some service or to do something in representation or on behalf of another, with the consent or authority of the latter. (1709a)”

“Article 1878. Special powers of attorney are necessary in the following cases:

(1) To make such payments as are not usually considered as acts of administration;

(2) To effect novations which put an end to obligations already in existence at the time the agency was constituted;

(3) To compromise, to submit questions to arbitration, to renounce the right to appeal from a judgment, to waive objections to the venue of an action or to abandon a prescription already acquired;

(4) To waive any obligation gratuitously;

(5) To enter into any contract by which the ownership of an immovable is transmitted or acquired either gratuitously or for a valuable consideration;

(6) To make gifts, except customary ones for charity or those made to employees in the business managed by the agent;

(7) To loan or borrow money, unless the latter act be urgent and indispensable for the preservation of the things which are under administration;

(8) To lease any real property to another person for more than one year;

(9) To bind the principal to render some service without compensation;

(10) To bind the principal in a contract of partnership;

(11) To obligate the principal as a guarantor or surety;

(12) To create or convey real rights over immovable property;

(13) To accept or repudiate an inheritance;

(14) To ratify or recognize obligations contracted before the agency;

(15) Any other act of strict dominion. (n)”

Useful link:

Authorities to apostille:

https://www.hcch.net/en/instruments/c...