Real Property Transfer Notification Requirements Quiz
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Questions and Answers

What is the time frame for notifying the assessor of real property transfer?

  • 45 days
  • 60 days (correct)
  • 90 days
  • 30 days

    • What information should be included in the notification of property transfer?

  • Only the name of the transferee
  • The mode of transfer and the name of the transferee
  • The mode of transfer, description of the property, and name of the transferee (correct)
  • The mode of transfer, description of the property, and address of the transferee

    • Who is responsible for preparing and submitting an abstract of registry to the assessor?

  • Provincial Governor
  • Mayor
  • Registrar of Deeds (correct)
  • Tax Collector

    • When should the abstract of registry be submitted to the assessor?

    <p>Within 6 months from the date of effectivity of the Code</p> Signup and view all the answers

    What information should the abstract of registry include?

    <p>Brief description of properties and present owners</p> Signup and view all the answers

    What is the timeframe for notifying the assessor of real property transfer?

    <p>60 days from the date of transfer</p> Signup and view all the answers

    What information should be included in the notification of property transfer?

    <p>The mode of transfer, description of the property, and name of the transferee</p> Signup and view all the answers

    Who is responsible for preparing and submitting an abstract of registry to the assessor?

    <p>The transferor</p> Signup and view all the answers

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