Author Topic: (9) FAQ About Real Estate-What do you Mean Subject to 10 years back taxes  (Read 732 times)

tagalomanoy

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Assumption-

Mario Agwanta was occupying his 10 hectare land land for a period of 40 years. On the land he built his house costing Php 1,000,000 in 2005.   On the 41st (2008) year finally the Bureau of Land approved his application. How much do you think the City Treasurer can run after the owner in terms of the number of years and in pesos assuming that there are two Schedule of market Value involved;  Before 2004 the price is Php 50,000 per hectare and after is Php 100,000


Do I need to elaborate more,  Please post your queries on this Forum. Or if you have some queries in your mind have it posted here. 

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ALEJANDRO TAGAB LAGANSON, SR.
Purok 25-A, Teachers Village, Calinan, D. C.
Licensed Real Estate Broker PRC 0009807
Real Property Asessing Officer (CSC & DOF)ROR 3351 Email  ad: [email protected]

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