In purchasing a property, there are “hidden charges” which a buyer needs to be aware of. One of this is the Registration Fee.
Usually, only the Capital Gains Tax (CGT) or the Creditable Withholding Tax (CWT) are for the account of the seller.
The Documentary Stamps Tax (DST) on the sale of real property, Transfer Tax, registration fees, Information Technology (I.T.) fees, and all other expenses required to transfer the property from the name of the seller to the buyer are for the account of the buyer.
In order to avoid surprises, I suggest that you request for a computation of the expenses which are for the buyer’s account from your real estate broker (if you have one), or from the seller, including registration fees.
What are registration fees?
Registration Fees are paid for the registration of:
- A deed of sale, conveyance, transfer, exchange, partition, or donation;
- A deed of sale with pacto de retro, conditional sale, sheriff’s sale at public auction, sale for nonpayment of taxes, or any sale subject to redemption, or the repurchase or redemption of the property so sold;
- Any instrument, order, judgement or decree divesting the title of the registered owner, except in favor of a trustee, executor, administrator, or receiver;
- Option to purchase or promise to sell;
- Any mortgage, surety, bond, lease, easement, right-of-way, or other real right or lien created or constituted by virtue of a district contract or agreement, and not as an incidental condition of sale, transfer or conveyance; and
- The assignment, enlargement, extension or novation of mortgage or of any other real right, or release or mortgage, termination of lease, or consolidation of ownership over a property sold with pacto de retro.
Where to pay
Registration fees are paid to the Register of Deeds or Land Registration Authority (LRA) where the real property is located.
When to pay
This is paid after the taxes on the sale of the property have been paid and the Certificate Authorizing Registration (CAR) and Tax Clearance (TCL) has been secured from the Bureau of Internal Revenue.
Take note that a CAR and TCL, once issued, should be presented to the Register of Deeds within two (2) years from issuance, otherwise it shall be deemed to have no effect and you will need to request for the issuance of a new CAR, following the requirements of Revenue Memorandum Order (RMO) No. 23-2010 dated March 15, 2010.
How to compute for the registration fee
To compute for the registration fee, you may refer to the registration fee table below, if the selling price does not exceed P1,700.00.00
If the selling price exceeds P1,700,000.00, You need to add P90 for every P20,000.00 or fraction thereof; In excess of P1,700,000.00, in addition to the fee of 8,796.00.
Registration Fee Table
Value of Consideration or Selling Price | ||
More Than | Not Exceeding | Registration Fee |
| 0 | 500 | 21 |
| 500 | 1,000 | 30 |
| 1,000.00 | 1,500.00 | 39 |
| 1,500.00 | 2,000.00 | 48 |
| 2,000.00 | 2,500.00 | 57 |
| 2,500.00 | 3,000.00 | 66 |
| 3,000.00 | 3,500.00 | 75 |
| 3,500.00 | 4,000.00 | 84 |
| 4,000.00 | 4,500.00 | 93 |
| 4,500.00 | 5,000.00 | 102 |
| 5,000.00 | 5,500.00 | 111 |
| 5,500.00 | 6,000.00 | 120 |
| 6,000.00 | 8,000.00 | 144 |
| 8,000.00 | 10,000.00 | 168 |
| 10,000.00 | 12,000.00 | 192 |
| 12,000.00 | 14,000.00 | 216 |
| 14,000.00 | 16,000.00 | 240 |
| 16,000.00 | 18,000.00 | 264 |
| 18,000.00 | 20,000.00 | 288 |
| 20,000.00 | 22,000.00 | 312 |
| 22,000.00 | 24,000.00 | 336 |
| 24,000.00 | 26,000.00 | 360 |
| 26,000.00 | 28,000.00 | 384 |
| 28,000.00 | 30,000.00 | 408 |
| 30,000.00 | 35,000.00 | 450 |
| 35,000.00 | 40,000.00 | 492 |
| 40,000.00 | 45,000.00 | 534 |
| 45,000.00 | 50,000.00 | 576 |
| 50,000.00 | 55,000.00 | 618 |
| 55,000.00 | 60,000.00 | 660 |
| 60,000.00 | 65,000.00 | 702 |
| 65,000.00 | 70,000.00 | 744 |
| 70,000.00 | 75,000.00 | 786 |
| 75,000.00 | 80,000.00 | 828 |
| 80,000.00 | 85,000.00 | 870 |
| 85,000.00 | 90,000.00 | 912 |
| 90,000.00 | 95,000.00 | 954 |
| 95,000.00 | 100,000.00 | 996 |
| 100,000.00 | 110,000.00 | 1,056.00 |
| 110,000.00 | 120,000.00 | 1,116.00 |
| 120,000.00 | 130,000.00 | 1,176.00 |
| 130,000.00 | 140,000.00 | 1,236.00 |
| 140,000.00 | 150,000.00 | 1,296.00 |
| 150,000.00 | 160,000.00 | 1,356.00 |
| 160,000.00 | 170,000.00 | 1,416.00 |
| 170,000.00 | 180,000.00 | 1,476.00 |
| 180,000.00 | 190,000.00 | 1,536.00 |
| 190,000.00 | 200,000.00 | 1,596.00 |
| 200,000.00 | 210,000.00 | 1,656.00 |
| 210,000.00 | 220,000.00 | 1,716.00 |
| 220,000.00 | 230,000.00 | 1,776.00 |
| 230,000.00 | 240,000.00 | 1,836.00 |
| 240,000.00 | 250,000.00 | 1,896.00 |
| 250,000.00 | 260,000.00 | 1,956.00 |
| 260,000.00 | 270,000.00 | 2,016.00 |
| 270,000.00 | 280,000.00 | 2,076.00 |
| 280,000.00 | 290,000.00 | 2,136.00 |
| 290,000.00 | 300,000.00 | 2,196.00 |
| 300,000.00 | 310,000.00 | 2,256.00 |
| 310,000.00 | 320,000.00 | 2,316.00 |
| 320,000.00 | 330,000.00 | 2,376.00 |
| 330,000.00 | 340,000.00 | 2,436.00 |
| 340,000.00 | 350,000.00 | 2,496.00 |
| 350,000.00 | 360,000.00 | 2,556.00 |
| 360,000.00 | 370,000.00 | 2,616.00 |
| 370,000.00 | 380,000.00 | 2,676.00 |
| 380,000.00 | 390,000.00 | 2,736.00 |
| 390,000.00 | 400,000.00 | 2,796.00 |
| 400,000.00 | 410,000.00 | 2,856.00 |
| 410,000.00 | 420,000.00 | 2,916.00 |
| 420,000.00 | 430,000.00 | 2,976.00 |
| 430,000.00 | 440,000.00 | 3,036.00 |
| 440,000.00 | 450,000.00 | 3,096.00 |
| 450,000.00 | 460,000.00 | 3,156.00 |
| 460,000.00 | 470,000.00 | 3,216.00 |
| 470,000.00 | 480,000.00 | 3,276.00 |
| 480,000.00 | 490,000.00 | 3,336.00 |
| 490,000.00 | 500,000.00 | 3,396.00 |
| 500,000.00 | 520,000.00 | 3,486.00 |
| 520,000.00 | 540,000.00 | 3,576.00 |
| 540,000.00 | 560,000.00 | 3,666.00 |
| 560,000.00 | 580,000.00 | 3,756.00 |
| 580,000.00 | 600,000.00 | 3,846.00 |
| 600,000.00 | 620,000.00 | 3,936.00 |
| 620,000.00 | 640,000.00 | 4,026.00 |
| 640,000.00 | 660,000.00 | 4,116.00 |
| 660,000.00 | 680,000.00 | 4,206.00 |
| 680,000.00 | 700,000.00 | 4,296.00 |
| 700,000.00 | 720,000.00 | 4,386.00 |
| 720,000.00 | 740,000.00 | 4,476.00 |
| 740,000.00 | 760,000.00 | 4,566.00 |
| 760,000.00 | 780,000.00 | 4,656.00 |
| 780,000.00 | 800,000.00 | 4,746.00 |
| 800,000.00 | 820,000.00 | 4,836.00 |
| 820,000.00 | 840,000.00 | 4,826.00 |
| 840,000.00 | 860,000.00 | 5,016.00 |
| 860,000.00 | 880,000.00 | 5,016.00 |
| 880,000.00 | 900,000.00 | 5,196.00 |
| 900,000.00 | 920,000.00 | 5,286.00 |
| 920,000.00 | 940,000.00 | 5,376.00 |
| 940,000.00 | 960,000.00 | 5,466.00 |
| 960,000.00 | 980,000.00 | 5,556.00 |
| 980,000.00 | 1,000,000.00 | 5,546.00 |
| 1,000,000.00 | 1,020,000.00 | 5,736.00 |
| 1,020,000.00 | 1,040,000.00 | 5,826.00 |
| 1,040,000.00 | 1,060,000.00 | 5,916.00 |
| 1,060,000.00 | 1,080,000.00 | 6,006.00 |
| 1,080,000.00 | 1,100,000.00 | 6,096.00 |
| 1,100,000.00 | 1,120,000.00 | 6,186.00 |
| 1,120,000.00 | 1,140,000.00 | 6,276.00 |
| 1,140,000.00 | 1,160,000.00 | 6,366.00 |
| 1,160,000.00 | 1,180,000.00 | 6,456.00 |
| 1,180,000.00 | 1,200,000.00 | 6,546.00 |
| 1,200,000.00 | 1,220,000.00 | 6,636.00 |
| 1,220,000.00 | 1,240,000.00 | 6,726.00 |
| 1,240,000.00 | 1,260,000.00 | 6,816.00 |
| 1,260,000.00 | 1,280,000.00 | 6,906.00 |
| 1,280,000.00 | 1,300,000.00 | 6,996.00 |
| 1,300,000.00 | 1,320,000.00 | 7,086.00 |
| 1,320,000.00 | 1,340,000.00 | 7,176.00 |
| 1,340,000.00 | 1,360,000.00 | 7,266.00 |
| 1,360,000.00 | 1,380,000.00 | 7,356.00 |
| 1,380,000.00 | 1,400,000.00 | 7,446.00 |
| 1,400,000.00 | 1,420,000.00 | 7,536.00 |
| 1,420,000.00 | 1,440,000.00 | 7,626.00 |
| 1,440,000.00 | 1,460,000.00 | 7,716.00 |
| 1,460,000.00 | 1,480,000.00 | 7,806.00 |
| 1,480,000.00 | 1,500,000.00 | 7,896.00 |
| 1,500,000.00 | 1,520,000.00 | 7,986.00 |
| 1,520,000.00 | 1,540,000.00 | 8,076.00 |
| 1,540,000.00 | 1,560,000.00 | 8,166.00 |
| 1,560,000.00 | 1,580,000.00 | 8,256.00 |
| 1,580,000.00 | 1,600,000.00 | 8,346.00 |
| 1,600,000.00 | 1,620,000.00 | 8,436.00 |
| 1,620,000.00 | 1,640,000.00 | 8,526.00 |
| 1,640,000.00 | 1,660,000.00 | 8,616.00 |
| 1,660,000.00 | 1,680,000.00 | 8,706.00 |
| 1,680,000.00 | 1,700,000.00 | 8,796.00 |
Source: LRA Fees
Sample computations
1. With selling price not exceeding P1,700,000.00. What is the registration fee if the selling price is P1,000,000.00?
If the selling price is 1,000,000.00, the registration fee would be P5,546, based on the Registration Fee table.
2. With selling price exceeding P1,700,000.00. What is the registration fee if the selling price is P2,000,000.00?
Since the selling price is greater than 1,700,000.00, we need to add P90.00 for everyP20,000.00 or fraction thereof; in excess of P1,700,000.00, in addition to the fee of 8,796.00
Registration Fee = ((P2,000,000.00 – P1,700,000.00)/P20,000.00)xP90.00 + P8,796.00
=P10,146.00
What to bring
Bring the owner’s duplicate copy of the Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT), Deed Of Absolute Sale, Transfer Tax Receipt, and other supporting documents. In Quezon City, you also need to bring a Certification that transfer tax has been paid, and it has to have a security seal. If the property is a condominium unit, you also need to submit a Certificate Of Management.
If you are If you are transacting on behalf of the owner, bring an authorization letter duly signed by the owner (if you have a notarized Special Power of Attorney (SPA), much better), plus a photocopy of the owner’s valid government-issued ID.
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Transferring a title can be very time-consuming and a lot of people ask us for assistance regarding this. If you would like to hire the services of professionals to transfer your titles, kindly fill out our contact form and we will refer you to the people who can do them for you for a reasonable fee.
Cherry Vi M. Saldua-Castillo
Real Estate Broker, Lawyer, and CPA
PRC Real Estate Broker License No. 3187
PRC CPA License No. 0102054
Roll of Attorneys No. 55239
2013 Internal Education Head, REBAP-LMP
Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2013 All rights reserved.
Full disclosure: If you get the services of our friend for title transfer, we are entitled to a modest referral fee.
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