What you need to know when buying a piece of land from an agent

Photo courtesy of becuo.com
Photo courtesy of becuo.com

When buying a piece of land, it is more prudent to transact directly with the owner.

Why? Because you will be sure you are dealing with the right person, which is essential in every transaction.

But it may happen that the owner is either unavailable or unwilling to transact directly with you.

In such case, you will have to deal with him indirectly through his agent. Of course, this is if he has any.

But when buying a piece of land from an agent, you have to make sure that his authority to sell it for the owner is in writing.

Why? Because a sale of a piece of land through an agent is by law considered void if his authority to sell is not in writing.

By the use of the term void, it literally means having no legal force or effect.

Of course, this is the last thing you would ever want to happen if you are a buyer of a piece of land.

[References: Spouses Joselina Alcantara and Antonio Alcantara, and Spouses Josefino Rubi and Annie Distor-Rubi vs. Brigida L. Nido, as attorney-in-fact of Revelen N. Srivastava (G.R. No. 165133, April 19, 2010), Spouses Eliseo R. Bautista and Empera Triz C. Bautista vs. Spouses Mila Jalandoni and Antonio Jalandoni and Manila Credit Corporation (G.R. No. 171464, November 27, 2013)/ Manila Credit Corporation vs. Spouses Mila and Antonio Jalandoni, and Spouses Eliseo and Empera Triz Bautista (G.R. No. 199341, November 27, 2013), Articles 1874 and 1878 (5) of the Civil Code of the Philippines]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s