Doc. Requirements for Property Transfers

Submission of photocopy of official receipts issued by the seller is mandatory.
Purpose: To determine the nature of sale—whether cash basis, deferred payment (payments exceed 25% of selling price in year of sale), or installment sale (payments do not exceed 25% of selling price in year of sale).
Original official receipts must be presented to the Bureau of Internal Revenue (BIR) for authentication during Certificate Authorizing Registration (CAR) processing.
If seller is not engaged in business, acknowledgment receipts or any proof of payment must be submitted.
Addresses the issue where only the Deed of Absolute Sale is presented; official receipts validate the payment terms.

Certified true copy of the original CAR from the Registry of Deeds is required.
Alternatively, a certification issued by the Registry of Deeds indicating:
- Serial number and date of issuance of CAR.
- Revenue District Office number issuing the CAR.
- Name of Revenue District Officer who signed the CAR.
- Type and amount of taxes paid.
Applies to transfers prior to issuance of Original/Transfer Certificate of Title (OCT/TCT) or Condominium Certificate of Title (CCT).
Specifically required for OCT/TCT/CCT issued starting 2007 if the Registry of Deeds fails to annotate CAR information.

CAR annotation requirement is pursuant to Section 5 of Revenue Regulations No. 24-2002 dated November 15, 2002.
Further mandated under Section 1 of Memorandum Order No. 233 dated December 11, 2006, issued by the President.
Circularized by Revenue Memorandum Circular No. 3-2007.

All internal revenue officials and employees are enjoined to widely publicize this Circular.
Aims to enhance compliance and verification of tax payments related to real property transfers.

Submit photocopy of official receipts or proof of payment along with other documents.
Present original receipts for authentication upon CAR application.
Provide certified true copy or certification of original CAR details from Registry of Deeds.
These documents complement existing documentary checklist under Revenue Memorandum Order No. 15-2003.

Differentiation of sale types: cash basis, deferred payment sale, installment plan based on payment percentages.
Verification mechanism through official receipts to ensure tax compliance.
Record-keeping and annotation duties of the Registry of Deeds.
Government's authority to demand additional documentary proof for tax administration purposes.