A Land Title
A Land Title
is an aspect that comes after purchasing a property that should not be overlooked—having
proper knowledge with the legal proceedings needed to avoid getting duped by unreliable
people in the near future.
No need to worry, though, because Lamudi is here to save you from the trouble of going into
the business without at least some background knowledge about the necessary
information.
Here are some of the most commonly asked questions about land titles and land
registration:
A land title is the evidence of the right of the owner or the extent of his/her interest, and by
which means he/she can maintain control and as a rule assert right to exclusive possession
and enjoyment of the property.
Yes, a deed refers to a written document executed in accordance with law, wherein a person
grants or conveys to another a certain land?
Firstly, and most obviously, one must check the quality of the paper used. The forms used in
property titles are exclusively printed by the Bangko Sentral ng Pilipinas. The judicial form
uses a type of paper which contains various security features, with the paper made out of
50% cotton and 50% chemical wood pulp with colored fibers. The paper has a similar
texture to a bank check. Fake title forms typically use material similar to cartolina or paper
of inferior quality.
Land registration is the process wherein the state provides a public record of the land title
itself upon which a prospective purchaser or someone else interested may rely on.
Yes! With its agency-wide computerization program now in place, the Land Registration
Authority (LRA) has significantly shortened its land titling process to just five easy steps
which can be taken in a single visit to any register of deeds (RD) office anywhere in the
country. The agency has streamlined the processing and issuance of land titles. Here are
the simple steps in applying for a title to a property:
1. Submit the conveyance instrument and all supporting documents to the entry
clerk at the RD. The applicant will receive an electronic primary entry book (EPEB)
number, to confirm receipt of the conveyance instrument and supporting
documents.
2. Pay the corresponding fees.
3. The documents will be turned over the examiner who will check if all the
requirements have been met, after which the information would be encoded.
4. If the requirements are complete, the RD approves the applicant.
5. A new land title will finally be printed and issued to the applicant.
All things considered, though, it is important that one consults a professional when fixing
the legal proceedings of one’s properties. Better to be safe than sorry, of course when it
comes to serious matters like this that could mean saving yourself from a boat-load of
hassle in the future!