How to transfer part of an inherited land to granddaughter?

charismagrace

charismagrace

Arresto Menor

Posts : 5
Join date : 07/12/2014

Hi,

My grandparents (both deceased) owns a parcel of land and it is currently being settled by 8 siblings (my aunts and uncles). However, one of my aunts would like to give the land to me since she is currently residing in the US. How do we assign my name to the share of my aunt? Is a deed of sale or donation needed?

The inheritance process is still ongoing. The title is not yet divided to the 8 siblings.

Need your advice, thanks.

tsi ming choi

tsi ming choi

Reclusion Perpetua

Posts : 760
Join date : 08/04/2011

Any mode of acquiring ownership can be done, but commonly, you may recourse through a deed of sale or a deed of donation. Let your aunt execute a judicial or extrajudicial partition with deed of sale or deed of donation in your favor.

karl rove

karl rove

Reclusion Perpetua

Posts : 275
Join date : 21/11/2014
Location : Ortigas Center

correct, tsi ming choi.

Ladie

Ladie

Prision Mayor

Posts : 196
Join date : 19/10/2010

Why not just wait till all 8 siblings have their own titles, anyway it is ongoing as you said. Then subsequently when titled in her name, execute a Deed of Donation to you where you will be required to pay a donor's tax to BIR. Also, as tsi ming choi said, your aunt can waive her right conveying it to you in form of a donation in the extrajudicial settlement being processed by the heirs, which requires you to pay the donor's tax (less tax compared to deed of sale

I AM NOT A LAWYER BUT JUST AN ORDINARY PERSON SHARING MY OPINION AND KNOWLEDGE THAT MAYBE OF HELP TO YOU.

charismagrace

charismagrace

Arresto Menor

Posts : 5
Join date : 07/12/2014

Thank you all for your advice. This is very helpful to me. Happy New Year!

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How to transfer part of an inherited land to granddaughter?

1 How to transfer part of an inherited land to granddaughter? Tue Dec 09, 2014 12:05 am

charismagrace

2 Re: How to transfer part of an inherited land to granddaughter? Wed Dec 17, 2014 11:19 am

tsi ming choi

3 Re: How to transfer part of an inherited land to granddaughter? Wed Dec 17, 2014 11:25 am

karl rove

4 Re: How to transfer part of an inherited land to granddaughter? Sat Dec 20, 2014 12:11 am

Ladie

5 Re: How to transfer part of an inherited land to granddaughter? Fri Jan 09, 2015 9:27 am

charismagrace

6 Re: How to transfer part of an inherited land to granddaughter?

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