Transfer of Property to GSIS by Proclamation

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PROCLAMATION NO. 833: Transfer of Property to GSIS by Proclamation

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Title Supreme Court: Transfer of Property to GSIS by Proclamation

Law: Proclamation No. 833

Decision Date: Apr 27, 2005

Proclamation No. 833 amends Proclamation No. 224, transferring ownership of a parcel of land from the Philippine Jai-Alai and Amusement Corporation to the Government Service Insurance System (GSIS) for the construction of the City of Manila Hall of Justice, which was later deemed impracticable, leading to a land exchange agreement with the Supreme Court.

transfer of property

land exchange agreement

ownership reversion

A

Previous Declaration of Ownership and Title Cancellation

Proclamation No. 224 dated December 28, 1999, declared the ownership of the property vested in the Republic of the Philippines.
The Register of Deeds of the City of Manila was directed to cancel TCT No. 122150 and issue a new title in the name of the Republic of the Philippines, represented by the Office of the President.

Legal Authority to Convey Government Property

The President of the Philippines is authorized to convey real property belonging to the Republic under:
- Public Land Act (Commonwealth Act No. 141, as amended);
- Presidential Decree No. 1445;
- Administrative Code of 1987.

Original Purpose and Change in Use of the Property

The property was originally intended for constructing the City of Manila Hall of Justice.
This plan proved impracticable.
The Supreme Court agreed to yield the property to the Government Service Insurance System (GSIS) in exchange for the site of the former GSIS Manila office.

Amendment and Transfer of Ownership to GSIS

Proclamation No. 224 was amended to transfer administration and ownership of the property to GSIS.
The property is described as Lot 1-D-2, Psd-36349, located in Ermita, City of Manila, with detailed boundaries and survey data included.

Detailed Description and Boundaries of the Property

Area: 6,470.30 square meters, more or less.
Located in the District of Ermita, City of Manila, Island of Luzon.
Bounded by lots numbered and streets such as Taft Avenue.
Specific geographic points and landmarks are identified for precise demarcation.

Implementation and Title Issuance

The Register of Deeds of the City of Manila is directed to cancel existing TCT No. 122150.
A new title shall be issued in the name of the Government Service Insurance System.

Legal and Official Execution

The proclamation was signed and sealed by President Gloria Macapagal-Arroyo on April 27, 2005, with the Executive Secretary's attestation.
This proclamation effectuates the official transfer of the property to GSIS as per the amended terms.

END