Real property valuation law

Quick Summary:

Valuation of real property has been a problem since time immemorial.

The Bureau of Internal Revenue (BIR) and every local government unit (LGU) have their own independent valuation, which most of the time are not the same.

Citizens are also confused where to secure data of similar transactions since there is no comprehensive real property electronic database to capture them.

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Article Details

Author / Journalist: Atty. Irwin C. Nidea Jr.

Category: BusinessStartups

Markets: Philippines

Topics: Column Opinion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-24 @ 16:01:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1256 words

Reading Time: 7 minutes read

Sentences: 46 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21371342

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 71 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 13 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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