REAL ESATE LAWS AND REFERENCES 1.11
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by Land Asia Listings
- February 3, 2017
- Real Estate Laws
- 0
Who has the right on the property in the case of double sale?
Rule in case of double sale: The priority of rights in case of double sale of titled property shall be governed by the following rules:
1. The buyer who acquired in good faith and was the first to register the sale shall have a better right.
2.If none of the buyers registered the sale, the buyer who acquired to good faith and was the first one in possession shall have a better right.
3. If none of the buyers registered the sale or took possession, then the buyer who acquired in good faith and has the oldest title shall have a better right
