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The University of Santo Tomas Baybayin Documents or UST Baybayin Documents are two 17th century land deeds written in Baybayin script.. Due to their historical significance, the documents were declared as a National Cultural Treasure by the National Archives of the Philippines Director Victorino Manalo during the Second Baybayin Conference at the Museum of the Filipino People, Manila on 22 ...
The Land Registration Authority (LRA; Filipino: Pangasiwaan sa Patalaan ng Lupain) is an agency of the Philippine government attached to the Department of Justice responsible for issuing decrees of registration and certificates of title and register documents, patents and other land transaction for the benefit of landowners, agrarian reform-beneficiaries and the registering public in general ...
In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically mentioned, "marketable title" may be specified, implying a warranty deed should be provided. Lenders will insist on a warranty deed.
The Register of Deeds, City of Manila (G.R. No. L-630) [2] was a landmark case decided by the Philippine Supreme Court, which further solidified the prohibition of the Philippine Constitution that aliens may not acquire private or public agricultural lands, including residential lands. The decision was promulgated on November 15, 1947.
When the conditions on the sale contract have been met, legal title passes to the buyer in what is known as closing. In England and Wales , the terms "purchaser" and "vendor" are used. [ 1 ] Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality.
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According to the Civil Code of the Philippines Article 1458, the contract of sale has three stages: negotiation, perfection, and consummation. [3] Negotiation begins when prospective contracting parties indicate interest in the contract, ending with its finalization. [3] Perfection begins upon the concurrence of the elements of sale.
The National Archives of the Philippines (Filipino: Pambansang Sinupan ng Pilipinas and abbreviated NAP) is an agency of the Republic of the Philippines mandated to collect, store, preserve and make available archival records of the Government and other primary sources pertaining to the history of the country.