Summary
Summary
Summary
LRA (Land Registration Authority) also known as the Land Registration Act 496 was
enacted on November 6, 1902 an act to provide for the Adjudication and
Registration of Titles to Lands in the Philippine Islands.
Under the torrent system land titles that was issued during the Spanish regime were
resubmitted for registration, this is in accordance to the PD No. 892 (February 16,
1976) which abolished the system of registration under the Spanish mortgage law.
(Land title holders are given 6 months to reapply for registration; August 16, 1976))
Voluntary Transaction
In voluntary transaction, these are agreements that both parties (registered owner/s
and the contracted party) agreed upon. It is required that a presentation of owners
duplicate copy of the title, since it is an agreement (that the owner surrender/give
the land title to the other parties whether by donation or sale.) Tax Declaration is
shall be presented (given by municipals/city hall) and for or to be transferred it is
necessary for the capital gains (BIR), stamp tax or transfer tax (given by City Hall).
The original copy of these documents are required (3 copies). If the original copies
cannot be presented, Affidavit and certified true copies of main documents, (Deeds
of sale, etc.)
Requirements:
Involuntary Transaction
Involuntary transaction where registered owner is against in such act, the one who
goes after the land should provide requirements before the authorities. These
includes the original documents stating his or her right, or his or her claim, over the
property.
Note: In involuntary transaction, the (original) owner is not given any copy regarding
the transaction.
The person claiming any interest in any part of the lands must appear before the
court by himself and file an answer, which must0 contain, (a) the age of the
claimant, (b) the cadastral number of the lot/s claimed, (c) the name of the barrio
and municipality, township or settlements the lot is situated, (d) the names of the
owners of the adjoining lots as far as known to the claimant.