GE 315 LEC 1- 4 Flashcards
(237 cards)
ACT 496
Land Registration Act
Public Land Act
COMMONWEALTH ACT 141
ACT 2259
Cadastral Act
PRESIDENTIAL DECREE 1529
Property Registration Decree
Free Patent Act for Residential Land
REPUBLIC ACT 10023
REPUBLIC ACT 26
Reconstitution of Lost or Destroyed Certificate of
Title
REPUBLIC ACT 6732
Administrative Reconstitution of Lost or Destroyed Original Copies of Certificates of Title
LAND REGISTRATION LAWS
- ACT 496 - Land Registration Act
- COMMONWEALTH ACT 141 - Public Land Act
- ACT 2259 - Cadastral Act
- ADMINISTRATIVE CODE Section 194
- PRESIDENTIAL DECREE 1529 - Property Registration Decree
- REPUBLIC ACT 10023 - Free Patent Act for Residential Land
- REPUBLIC ACT 26 – Reconstitution of Lost or Destroyed Certificate of
Title - REPUBLIC ACT 6732 – Administrative Reconstitution of Lost or
Destroyed Original Copies of Certificates of Title
NOVEMBER 6, 1902
LAND REGISTRATION ACT WAS ENACTED
FEBRUARY 1,1903
TORRENS SYSTEM TOOK EFFECT
FEBRUARY 16, 1976
PD NO. 892 ABOLISHED THE SYSTEM
OF REGISTRATION UNDER SPANISH MORTGAGE LAW
JUNE 11, 1978
PROPERTY REGISTRATION DECREE WAS
PROMULGATED
LAND REGISTRATION
A judicial or administrative proceeding
whereby a person’s claim over a
particular land is determined and
confirmed or recognized so that such land
and the ownership thereof may be
recorded in a public registry.
PURPOSE OF REGISTRATION
a. to make the instruments evidencing the
transactions_____as against _________
valid, third-persons
PURPOSE OF REGISTRATION
b. to make them______on the land itself
binding
THIRD PERSONS
They are those who have not participated in the
recorded instrument or contract.
TITLE
Is the evidence of the owner’s right or extent of interest, by which he can maintain control and as a rule assert right to exclusive possession and enjoyment of
property.
FEE SIMPLE TITLE
It means a title to the whole of the thing
absolutely.
A title in fee is a______and_______________
beyond which and outside
of which there is no other interest or right.
full, absolute state
Land is conferred upon a man and his
heirs absolutely and _____________________
imposed upon the state.
without any limitation
FEE SIMPLE TITLE
It is the highest form of ownership
CERTIFICATE OF TITLE
It is a mere evidence of ownership. It is not
the title to the land itself as the concept of
title is conceived under the law.
There are two kinds of certificate of title
Original Certificate and Transfer Certificate
DEED
It is a signed legal document that transfers ownership
of an asset to a new owner.