05/01/2021
Things to know before buying a Memorial Lot
Buying a memorial lot in the Philippines is similar to purchasing a house, condo, apartment or townhouse. Although due to the nature of what memorial lots are for and where they are located, there are bound to be some differences in buying and owning process. Memorial lots have no land title; they only have lot titles that signify where the lot is located and its area size. The prices of memorial lots vary according to the size and location of the land as well as the Housing and Land Use Regulatory Board. Memorial lots in rural areas are cetainly cheaper compared to those in urban areas because of the availability of land space. The price of a memorial lot nearer to the city centre can get you a larger land in the rural area.
