transfer or sale

joyang · 1 transfer or sale Thu Jun 16, 2011 8:53 pm

joyang

Arresto Menor

Posts : 2
Join date : 16/06/2011

my father is anticipating a case to be filed against him and he is fearing that our family house will be attach in the cases since the certificate to our house is under his name.We are planning to transfer the title to me or to one of my siblings so as to avoid the writ of attachments.Pwede po ba yan?or gawa na lang kami ng deed of sale showing that the house is sold to me or to one of my siblings?what would be the best move po?Ayaw din naming magkakapatid na ibenta sa ibang tao ang bahay since dito na kami lumaki.

wolverine2 · 2 Re: transfer or sale Thu Jun 16, 2011 9:36 pm

wolverine2

lawyer

Posts : 136
Join date : 30/06/2010
Location : Baguio City

If the house is your family home, it shall be exempt from execution, forced sale or attachment except:

(1) For nonpayment of taxes;
(2) For debts incurred prior to the constitution of the family home;
(3) For debts secured by mortgages on the premises before or after such constitution; and
(4) For debts due to laborers, mechanics, architects, builders, materialmen and others who have rendered service or furnished material for the construction of the building. sifone

transfer or sale

1 transfer or sale Thu Jun 16, 2011 8:53 pm

joyang

2 Re: transfer or sale Thu Jun 16, 2011 9:36 pm

wolverine2