QuestionsQuestions (LRA CIRCULAR NO. 01-2012)
It prescribes rules and procedures to guide the registering public in paying LRA fees and IT service fees using manager’s checks for transactions processed at the Registries of Deeds and the LRA Central Office.
In the Registries of Deeds and the LRA Central Office.
A separate manager’s check shall be presented for the payment of LRA fees and IT service fees.
The amount must be in accordance with the amount indicated in the Assessment Form generated by the computerized system.
It must be in the name of the Registry of Deeds of (name of Registry of Deeds) for payment of transactions entered at the Registry of Deeds.
It must be in the name of the Land Registration Authority for payment of transactions at the LRA Central Office.
It must be in the name of the Registry of Deeds of (name of Registry of Deeds) for the account of PNB Trust Banking Group as Escrow Agent for Trust Account No. 161144TA01, for payment of transactions entered at the Registries of Deeds.
It must be in the name of the Land Registration Authority for the account of PNB Trust Banking Group as Escrow Agent for Trust Account No. 161144TA01 for payment of transactions at the LRA Central Office.
It acts as the Escrow Agent for Trust Account No. 161144TA01 for IT service fee payments.
Trust Account No. 161144TA01.
After fifteen (15) days from its publication in a newspaper of general circulation, and upon the filing of three (3) copies with the University of the Philippines Law Center.
The filing of three (3) copies of the Circular with the University of the Philippines Law Center.
Eulalio C. Diaz III, Administrator.