JPK EWP lump sum income records

Joita9865

You can find more about transferring real estate in this article. Transfer of real estate – issues discussed: Real estate transfer agreement Invitation to conclude a real estate transfer agreement Exclusion of liability for defects Transfer of real estate - summary Real estate transfer agreement Pursuant to the provisions of Art.       of the Civil Code: By means of a real estate transfer agreement, its owner undertakes to transfer the ownership of the real estate to the commune or the State Treasury free of charge.

The State Treasury may conclude an agreement on the transfer of real estate when the commune where philippines photo editor all or part of the real estate is located has not accepted the invitation to conclude it within three months from the date of submission of the invitation by the owner of the real estate [cf. § ]. The essence of the real estate transfer agreement is to enable the owner to lose ownership of the real estate and transfer it free of charge to the commune or the State Treasury. As the transfer of ownership under the contract takes place as a free gift, it is a gratuitous act, which means that the seller   owner of the real estate   cannot receive any financial benefit from the disposal of real estate.



The parties to the real estate transfer agreement are: the owner of the property as seller; the commune or the State Treasury as the buyer. The subject of a real estate transfer agreement is usually real estate, but it may also include the right of perpetual usufruct. The property is transferred to the commune or the State Treasury along with all encumbrances related to ownership, both material   e.g. mortgage   and personal. The literature on the subject indicates that the transfer of real estate may apply, for example, to the transfer of real estate constituting internal roads in a housing estate.