Dual Citizenship for new baby

[Allovertheworld 355]

1 hour ago, Hank_ said:

 

What is the "big difference" between a deed and title??    We aren't talking vehicles here.    

 

What other legal document do (or did) you receive conveying ownership in property (terra ferma) if not a DEED ?

 

 

 

This is my understanding. I was a wholesaler in properties around the IT crash of 2000.

 

For real estate purposes, title refers to ownership of the property, meaning that you have the rights to use that property. ... Deeds, on the other hand, are actually the legal documents that transfer title from one person to another

[Allovertheworld 355]

1 hour ago, Hank_ said:

 

What is the "big difference" between a deed and title??    We aren't talking vehicles here.    

 

What other legal document do (or did) you receive conveying ownership in property (terra ferma) if not a DEED ?

 

 

 

It been many years since I purchased a house in US or Philippines. I have done a couple cars this year, one new one used, never seen nor heard of a deed for a vehicle, only titles.

 

 

[Hank_ 9,174]

5 hours ago, Allovertheworld said:

This is my understanding. I was a wholesaler in properties around the IT crash of 2000.

 

For real estate purposes, title refers to ownership of the property, meaning that you have the rights to use that property. ... Deeds, on the other hand, are actually the legal documents that transfer title from one person to another

Title only refers to the rights that transfer with the property,  example: some properties do not have mineral rights or water rights.  Title is not a document thus does not refer to ownership nor list the names of legal owners.    Every property has a "bundle of rights" size of the bundle varies.    

 

The DEED is the ONLY documents that has the names of the legal owners, and a foreigner can have his/her name on the deed with his Filipino spouse.   Philippines uses the Torrens system of registration, which much simpler that Abstract (even thought I enjoy reading old abstracts as it has the history of the property back to the land grant).

 

I am listed on the deeds for our land in the Philippines.

 

 

[Talako 785]

9 hours ago, Allovertheworld said:

Always put in wife, girlfriend, best friends name on the title.  Just in case you get in a accident especially in a small town you will automatically be at fault.  

 

As to putting your wife and your girlfriend on the title, aren't you just trading a land ownership problem into a one a little more serious....? 

Edited June 3, 2020 by Talako

[Allovertheworld 355]

1 hour ago, Talako said:

 

As to putting your wife and your girlfriend on the title, aren't you just trading a land ownership problem into a one a little more serious....? 

I was talking about a motorbike or maybe a car, I am sure many of us on here own motorbikes in Philippines so we can get around.   Had a buddy get in a accident in a small town and all of the sudden he was the guy in the wrong. But thankfully he had lived there long enough and had the motorbike in his wife name and after they found out about it they quit trying to get money from him.

[Allovertheworld 355]

1 hour ago, Hank_ said:

Title only refers to the rights that transfer with the property,  example: some properties do not have mineral rights or water rights.  Title is not a document thus does not refer to ownership nor list the names of legal owners.    Every property has a "bundle of rights" size of the bundle varies.    

 

The DEED is the ONLY documents that has the names of the legal owners, and a foreigner can have his/her name on the deed with his Filipino spouse.   Philippines uses the Torrens system of registration, which much simpler that Abstract (even thought I enjoy reading old abstracts as it has the history of the property back to the land grant).

 

I am listed on the deeds for our land in the Philippines.

 

 

Yea for you.  Me I have no desire to have any asset in my name in the Philippines.  

[Talako 785]

10 minutes ago, Allovertheworld said:

I was talking about a motorbike or maybe a car, I am sure many of us on here own motorbikes in Philippines so we can get around.   Had a buddy get in a accident in a small town and all of the sudden he was the guy in the wrong. But thankfully he had lived there long enough and had the motorbike in his wife name and after they found out about it they quit trying to get money from him.

 

Not as funny when I have to explain it.