When the original copy of a land title is lost in the Registry of Deeds, property owners must undergo a specific legal process. Understanding the nuances of reconstitution of title in the Philippines is essential for protecting your real estate investment.
The Basics of Title Reconstitution
The process of administrative reconstitution of title allows for the restoration of a title based on dependable source documents.
This administrative process is generally faster and less expensive than judicial reconstitution, but it is only applicable in specific scenarios defined by the Land Registration Authority (LRA).
Eligibility for Reconstitution
You can file for a reconstitution of title in the Philippines if the original copy kept by the Register of Deeds was lost or destroyed, but you still possess the owner's duplicate copy.
The following documents are essential for a successful application:
A verified petition for reconstitution.
The original owner’s copy of the TCT or OCT.
Official proof that the title was indeed destroyed in the registry.
Evidence of settled property taxes.
The Process of Administrative Reconstitution
Navigating the reconstitution of title requires following a specific government workflow.
Initial Application: Present your documents to the registrar for initial evaluation.
Review and Publication: The LRA will review the documents and may require publication in a newspaper reconstitution of title philippines of general circulation.
Issuance of Order: If the petition is found to be in order, an Order of Reconstitution will be issued.
Registration: The Register of Deeds will then issue the reconstituted title, which will have the same legal reconstitution of title philippines standing as the original.
Why Professional Guidance is Recommended
Even though it is an administrative process, the administrative reconstitution of title documentation required can be overwhelming for many.
Errors in the petition or reconstitution of title philippines missing documents can lead to delays administrative reconstitution of title or denials.
Conclusion
Securing your property rights through the administrative reconstitution of title is a necessary step if your records have been compromised.