Legal Question in Real Estate Law in Philippines
may grandparent buy a land of 1.2 hectares last 25 years ago with her brother and sister since the lot was originaly own by her parents.however as we check the dead of sale it was not notarized by the lawyer since we need to sale the land for a financial problem as my grandmother was so sick ,the problem her is that,will discontinue to buy because of this problem,please need experts advice.thank you
1 Answer from Attorneys
Even if the Deed of Sale is not duly notarized the sale is still valid between the parties. However, the problem is that the property cannot be transferred in the name of the second buyer, if there be any,unless the first Deed of Sale has been duly notarized.But you can still sell the property at the risk of the buyer. Caveat emptor. Let the buyer beware.
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