LTO Guidelines on Lease Agreement Registration

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LTO MEMORANDUM CIRCULAR NO. 95-222: LTO Guidelines on Lease Agreement Registration

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Title Supreme Court: LTO Guidelines on Lease Agreement Registration

Law: Lto Memorandum Circular No. 95-222

Decision Date: Oct 12, 1995

LTO Memorandum Circular No. 95-222 mandates that motor vehicles under lease agreements must have a notation "LEASED TO _______" on their Certificate of Registration to protect the interests of lessors and third parties, with a fee of P100 for each annotation or cancellation.

registration

lease agreement

motor vehicle

END