Philippines  |  Real Estate Law

Legal Question

Asked on: 6/14/13, 1:46 am

Is it allowed to have a deed of absolute sale of a lot between buyer and seller just with a witness without notarizing to have just enough time for the preparation of the docs. and etc. When the time comes the signed papers will be notarized prior to the max. alloted time for the transfer of title so not to incur BIR penalties?

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