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?
2 Answers from Attorneys
YOU CANNOT DO THAT ANY MORE.
YOU WERE INFORMED SO MANY TIMES ON THIS. ITS NOT ALLOWED IF YOU WANT TO VIOLATE THE LAW ITS UP TO YOU BUT SUFFER THE CONSEQUENCE..