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EIGHTEENTH CONGRESS OF THE) REPUBLIC OF THE PHILIPPINES) Second Regular Session)FILED NovemberSENATES. B. No. TLF.iE1903 RIJFXIntroduced by SENATOR IEEE R. MARCOS ACT RATIONALIZING LAND REGISTRATION,
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Republic Act No. 11573 is a law in the Philippines that aims to establish a framework for the identification and regulation of real estate properties.
Individuals and entities engaged in real estate transactions, including sellers, buyers, and real estate brokers, are required to file under Republic Act No. 11573.
To fill out Republic Act No. 11573, one must provide complete and accurate details of the real estate property, including ownership information, transaction specifics, and any relevant documentation as required by the law.
The purpose of Republic Act No. 11573 is to promote transparency and accountability in real estate transactions and to ensure that real properties are accurately recorded for taxation and property rights.
The information to be reported includes the description of the property, ownership details, sale price, and any encumbrances or liens associated with the property.
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