What is a Certificate of Title in the Philippines.

What is a Certificate of Title in the Philippines.

A certificate of Title is an official document issued by the government, evidencing a right of ownership to a property which attests the fact that the person named is the owner of the property described therein subject to liens and encumbrances noted on it.

Upon its issuance all claims to the land are quieted thus making the Certificate of title incontestable and imprescriptible. A certificate of title provides documentary evidence of the right of ownership.

 
The Register of Deeds of the municipality, city, or province where the land is located is the office responsible for the recording  and the Land Registration Authority (LRA) is the general system that determines  and have control on ownership over particular pieces of land.

In the Philippines Certificate of Titles has two types.

1. Original Certificate of Title [OCT] – First Issuance or what we called the mother title.  It’s the very first registered title of the property. It traces the origin of the property and sometimes called the ancestral lot.

2. Transfer Certificate of Title [TCT]  – is the Subsequent Issuance or Issuances and thus cancelling the Original Certificate of Title of the first issuances. This usually happen when the said title is being sold to another person.

PARTS OF THE TITLE

1. Title Form Information
   • Type of form – Whether it is Original Certificate of Title (OCT), Transfer Certificate of Title (TCT), Condominium Certificate of title
   • Place of Issue – The municipality or City wherein the property is located.
   • Serial Number – The assigned control number of the Land Registration authority
   • Title Number  – The number assigned to your property
2. Survey Information
   • Parcel identity
   • Location of the Property
   • Adjoining Properties – The properties that surround the titled property
3. Ownership Information – Names of all owners of the land, their citizenship, civil status, and postal address.
4. Registration Information
   • Place, time, and date of registration
   • Name and signature of Registrar
   • Other related information – information of the previous property that is being cancelled upon issuance of the title

Philippine Passport All About

To receive updates on relevant information,  like and follow us on Facebook: infostackpinoy.com