Legal Question in Tax Law in Philippines
My mother did not leave a will for her house & lot. We are processing the Extrajudicial Settlement of Estate and I havent paid the estate tax yet. I have an interest buyer and she already gave earnest money for the property. When she pays the balance in full, can we now execute a deed of sale even if I havent paid the estate tax?
Asked on 4/12/12, 9:18 am
1 Answer from Attorneys
VOLTAIRE T. DUANO
VOLTAIRE T. DUANO LAW OFFICE
You have to settle the estate of your mother before you sell the property.
Answered on 4/27/12, 7:57 am
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