Are minors allowed to purchase a property? What are the requirements?

Are minors allowed to purchase a property? What are the requirements?

Yes, but the minor must be represented by his/her parents or his/her legal guardian, if his/her parents are already deceased. For purposes of registration of the property purchased by the minor/s as represented by his/her parents, an original and duly notarized (or consularized, if executed outside the Philippines) Affidavit of Parents (minor buyer) must be submitted.

Account Adjustments or Changes after Purchase

*Note: Complete and updated information is essential for mailing of documents and/or correspondences related to your purchased unit, in bank documentation, and in the title transfer process. Should there be any information you wish to amend or change, please fill out the Buyer’s Information Sheet and send it back to us together with your request letter and other required documents.