Scope and Coverage
- Covers cadastral proceedings involving registration of land titles and the associated cadastral survey and monumenting expenses.
- Specifically limits application to obligations assessed on or before December 8, 1941.
- Includes both public LGU obligations and private lot owners’ assessed costs resulting from cadastral surveys.
Conditions for Penalty Waiver
- Obligations must be paid within two years from the date of approval of the Act (May 28, 1953).
- Only applies if payments are made within the specified time frame; otherwise, penalties may apply.
Effectivity of the Act
- The law takes effect immediately upon its approval.
Important Legal Concepts
- Recognizes the financial obligations arising from cadastral registration proceedings and cadastral surveys, which are essential for the formal land registration system.
- Balances the interests of public authorities and private landowners by extending relief from penalties for unpaid fees under clear conditions.
- Reinforces compliance incentives by providing a limited-time amnesty for late payments related to historical cadastral expenses.