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City Services
Real Property Tax - Transfer Tax Payment
b. Transfer Tax Payment - (care of CITY TREASURER’S OFFICE)
Transfer Tax or Tax on Transfer of Real Property Ownership is a tax imposed on sale, donations, barter, inheritance or any mode of transferring ownership or title to the property at a rate of fifty percent (50%) of one percent (1%) of the total consideration involved in the property or the fair market value in case the monetary consideration involved in the transfer is not substantial, whichever is higher.
| Steps | Requirements | FEES | 1. Submission of Requirements
Submit the required documents to assigned personnel who will then assess or compute the tax due. | Copy of the following:
RPT declaration Deed of sale, donation, exchange, judicial/extra judicial statement, affidavit of consolidation, or any applicable document proving transfer of property ownership | | 2. Payment
The assigned personnel shall issue the Transfer Tax Bill to the taxpayer who will then proceed to the assigned collector for payment of due taxes. Client shall receive an Official Receipt upon payment. | | |
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