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The best known [11] [35] of these properties are the Marcoses' multi-million dollar real estate investments in the United States, [36]: 16 particularly Imelda's purchases of buildings and real estate in New York, [37] the estates purchased in New Jersey for the use of the Marcos children, [38] Jose Yao Campos's investments in Seattle, [39 ...
Ownership is acquired by occupation and by intellectual creation. Ownership and other real rights over property are acquired and transmitted by law, by donation, by testate and intestate succession, and in consequence of certain contracts by tradition. They may be also acquired by acquisitive prescription. [5] Occupation; Intellectual creation ...
A 2005 image of 40 Wall Street, one of four Manhattan buildings purchased by the Marcoses in the early 1980s. The overseas landholdings of the Marcos family, which the Philippine government [1] [2] and the United Nations System's Stolen Asset Recovery Initiative [3] consider part of the $5 billion to $13 billion "ill-gotten wealth" of Ferdinand and Imelda Marcos, are said to be distributed ...
Among roughly 50 Marcos mansions scattered throughout the Philippines, the nine properties located in Baguio are among the most commonly covered by media reports, because of their reported opulence and because of their closeness to each other and to major tourist attractions: [2] including Mines View Park, Wright Park, and the Baguio mansion ...
The taxes imposed by the Code include a graduated income tax on all income earned by natural and juridical persons within the Philippines, a capital gains tax, excise tax on certain products, a Donor's Tax, an estate tax, and a value-added tax on the sale of most goods and services in the Philippines. Real property taxes are considered as local ...
In countries with personal ownership of real property, civil law protects the status of real property in real-estate markets, where estate agents work in the market of buying and selling real estate. Scottish civil law calls real property heritable property , and in French-based law, it is called immobilier ("immovable property").
The Land Registration Authority (LRA; Filipino: Pangasiwaan sa Patalaan ng Lupain) is an agency of the Philippine government attached to the Department of Justice responsible for issuing decrees of registration and certificates of title and register documents, patents and other land transaction for the benefit of landowners, agrarian reform-beneficiaries and the registering public in general ...
The "Malacañang collection" refers to a group of jewels which were discovered in Malacañang Palace after the Marcoses fled the Philippines. The "Roumeliotes collection" refers to a group of jewels which were confiscated from Demetriou Roumeliotes, said to have been a close associate of Imelda Marcos, after he was caught trying to smuggle them ...