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The legal basis for the barangay share in the real property tax is found in the Local Government Code of 1991 (Republic Act No. 7160) of the Philippines. Specifically, Section 286 mandates that a certain percentage of the collected real property tax must be allocated to the barangays where the properties are located. This provision ensures that local government units, particularly barangays, receive a portion of the tax revenue to support their development projects and services. The share is intended to empower local governance and promote community welfare.
What else can I help you with?
Where to get a community tax certificate?
You may get it from your barangay or in the municipality or city where you reside. I suggest, get it from your barangay through the barangay treasurer, since your barangay will be entitled to 50% share. Otherwise, if you get it from the municipality or city, there will be no share of the barangay. Support your barangay!!!
How can I buy out my sister's share of our joint property?
To buy out your sister's share of the joint property, you would need to negotiate a fair price with her and then pay her that amount to acquire full ownership of the property. This process may involve legal agreements and possibly a property appraisal to determine the value of her share.
What is your legal rights to money given by living mother to sister to buy a property for them to share with partner and family members?
none
How can one heir of property sell their share?
An heir of property can sell their share by first determining the value of the property and their specific interest in it. They may need to obtain consent from other co-heirs if the property is not partitioned. Once they have an agreement, they can find a buyer and complete the sale, which typically involves drafting a legal document that reflects the transaction. Consulting a real estate attorney can help navigate any legal complexities.
Is it ok to share my wife?
No, she is not your property to share.
Is it legal for a neighbor to videotape my house without my permission?
In most places, it is legal for a neighbor to videotape your house from their property, as long as they are not trespassing on your property to do so. However, there may be restrictions on how they use or share the footage, so it's best to check local laws and regulations.
If a sibling fails to contribute their share of the property taxes on an inherited property can they lose their interest in the property?
No. The only way they could lose their interest is by a court order. You would need to sue them for not paying their share. If the property was sold you could deduct from their share of the proceeds the amount they failed to pay for expenses. If it's a serious problem you should consult with an attorney who can review your situation and explain your options. You may consider buying them out.
When is the Basis of a partner's partnership interest is increased by?
The basis of a partner's partnership interest is increased by contributions of cash or property to the partnership, as well as by the partner's share of the partnership's income, including tax-exempt income. Additionally, any increase in the partner's share of partnership liabilities also raises the basis. These adjustments ensure that the partner's investment in the partnership reflects their economic stake and the benefits received from the partnership's operations.
Can a heir be forced to sell his share of an estate?
They have a share of the estate. That is not necessarily a share in a specific item or property. The executor sells and the proceeds are distributed per the will. Until you receive the property, you have no control over what is done with it.
What is the best way to find a good price for vacation rental property on a time share basis?
The best way to find a good price is to talk to a friend about properties that they have previously used.
Is it legal to share private emails?
You can share private emails as long as they are your own. You shouldn't have access to others emails and if you do, it is not legal to share them.
Can a tenant in common rent out their share of the property?
Yes, a tenant in common can rent out their share of the property to another party.
