TRANSFER TAXES are paid for transactions involving transfer of ownership of real property. The tax should be paid within 60 days from the date of execution of the deed as regards to sale, barter, donation or any mode of transferring ownership; or from the date of the decedent’s death, in case of transfer by succession. Payments are made at the Land Tax Division of the MTO.
Processing Time
10 Minute
Fees
Not specified
Who Can Apply
Not specified
Responsible Office
Office of the Municipal Treasurer
Quick summary
At a Glance
Service type
External service
Estimated total time
10 Minute
Prepare your documents
Requirements
Before you apply, prepare the following:
Copy of Real Property Tax Declaration
Where to get it
Municipal Assessor’s Office
2 Deed of Sale, Donation, Exchange, judicial/Extra Judicial Settlement, Affidavit of Consolidation, or any applicable document proving transfer of property Ownership
Where to get it
Client’s Copy
Citizen's Charter procedure
Step-by-Step Process
Follow each client step and see what the office will do next.
1
Step 1
Step 1
What you do
1. Submit Order of Payment assessed by the Municipal Assessor’s Office 2.Receive the Official Receipt (note: Official Receipt should be kept for reference by Register of Deeds)
What happens next
a. Receive the Order of Payment b. Issue Official Receipt/s to the client
Fee
Not specified
Processing time
10 Minutes
Handled by
Municipal Treasurer Office of the Municipal Treasurer
Service Information Classification, transaction type and source details
Classification
Simple
Transaction Type
G2C
Service Scope
External service
Source Page
Page 216
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Renewal of licenses may take 30 minutes or 2 hours depending on the results of verification made by BPLO Officer. Verification follows after securing clearance from various offices (Assessor’s Office, Engineering Office, MPDO, MENRO, Waterworks Office, BFP). Processing of licenses for these applicants will take approximately 2 hours. Otherwise, only 30 minutes are required to secure a license.
The Mayor’s Permit for occupation is issued to every employee of business establishments operating in the municipality. Schedule of fees and charges are based on the Revised Municipal Revenue Code of 2010. Permits are valid only for the current year. Renewal of permits should be done during the first twenty (20) days of January every year to avoid penalties and surcharges.
Owners of lands and buildings have to pay real property taxes annually. Taxes are a percentage of the property’s taxable value. Taxable value is computed by multiplying a land or building’s Fair Market Value (FMV) to its Assessment Level. Both the FMV and the Assessment Level are based on the schedule imposed by the Provincial Government. The Municipal Assessor’s Office submits to the Provincial Government a new Schedule of Fair Market Values every 3 years. Real property tax payments are made at the Land Tax Division of the MTO. Taxpayers may choose to pay on an annual or quarterly basis. Discounts are given to those who pay in advance and those who pay on time.