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Buyer of the property even without the change of owner's title in the annotation subdivided the lot and sold to individual buyers. Buyers claimed to have paid the capital gains tax and the real estate taxes.
3 decades later, the buyer is working on the BIR Certificate Authorizing Recognition and changing the owner's name to the individual buyers.
As the title is still in the original owner's name, does he have a liability?
How can he be protected from the non annotation of the deed of sale?
3 decades later, the buyer is working on the BIR Certificate Authorizing Recognition and changing the owner's name to the individual buyers.
As the title is still in the original owner's name, does he have a liability?
How can he be protected from the non annotation of the deed of sale?
