Question & AnswerQ&A (Act No. 3344)
The main purpose of Act No. 3344 is to amend Section 194 of the Administrative Code concerning the recording of instruments related to land not registered under the Land Registration Act and to fix the fees to be collected by the Register of Deeds for such instruments.
This Act applies to real estate not registered under the Land Registration Act (Act No. 496) or under the Spanish Mortgage Law.
No, such instruments or deeds are not valid except as between the parties until they are registered with the Register of Deeds of the province or city where the real estate lies.
The Register of Deeds must keep a day book and a register book for unregistered real estate, verify the sufficiency of instruments presented for registration, register instruments if no objections or valid prior entries exist, keep index-books, and collect fees as prescribed.
The day book must record the names of the parties, nature of the instrument or deed, and the exact hour, minute, date, and month when the instrument was received.
The register book must contain details such as names, age, civil status, residences of parties, nature and conditions of contracts, description of the land and improvements, boundaries, assessed value, possession details, registration notes, and time and date of registration.
The instrument or deed must be accompanied by as many duplicates as there are parties interested.
The Register of Deeds can refuse registration if the instrument has defects preventing registration, giving written reasons for refusal until defects are removed.
No, registration is understood to be without prejudice to any third party with a better right.
The Register of Deeds collects the same fees as those established for similar services related to real estate instruments under Section 114 of Act No. 496, the Land Registration Act, as amended by Act No. 2866.
This Act took effect upon its approval on December 8, 1926.