Question & AnswerQ&A (Act No. 2945)
The main purpose of Act No. 2945 is to amend Section sixteen of Act No. 1120, known as the Friar Lands Act, specifically regarding the descent of interest and issuance of deeds upon the death of a certificate holder.
If the certificate holder dies before the execution of a deed by the Government to any purchaser, the interest of the holder shall descend to persons who would have taken the title under Philippine laws had the title been perfected before the holder's death, upon proof of compliance with all requirements of the certificate.
The deed shall issue to the persons entitled under Philippine succession laws, provided they prove compliance with all the certificate requirements.
If the certificate holder sells his interest before complying with all certificate conditions, the purchaser acquires all the rights of the certificate holder upon presenting the assignment to the Chief of the Bureau of Public Lands for registration.
The purchaser must present their assignment of interest to the Chief of the Bureau of Public Lands for registration to have recognized rights.
The Chief of the Bureau of Public Lands is the government official responsible for the registration of assignments of interest.
The Act takes effect upon its approval; it does not state retroactive application.
Section sixteen (16) of Act No. 1120 was amended by Act No. 2945.
Yes, compliance with all the requirements of the certificate must be proven for the descent of interest and issuance of the deed.
The laws of the Philippine Islands relating to succession govern who inherits the interest of a deceased certificate holder.