TCT vs. CCT: Know Your Titles Before You Bid

Decoding the Auction Catalog You are looking at the spreadsheet of properties and you see a column labeled “Title Type.” It says TCT for one, and CCT for another. If you don’t know the difference, you might buy a property you can’t own. TCT (Transfer Certificate of Title) What it is: Ownership of the Land and the Structure . Used for: House and Lots, Vacant Lots, Townhouses (usually). The Rule: You must be a Filipino Citizen to be named on a TCT. Foreigners cannot own land in the Philippines. CCT (Condominium Certificate of Title) What it is: Ownership of the Unit (Air Space) , but not the land itself. Used for: Condominiums, Office Units, and some “Condo-Townhouse” developments. The Rule: Foreigners CAN buy CCT properties (up to 40% of the building). Why It Matters in Auctions If you are an expat looking to bid, stick to the CCT column. If you are a Filipino investor, TCT offers land ownership which typically appreciates faster than condo units. Always check the column before you raise your paddle.