AN ACT CONFIRMING AND DECLARING

Case Overview and Summary

Summary of Republic Act No. 9443

Confirmation and Declaration of Validity of Existing Transfer Certificates of Title and Reconstituted Certificates of Title Covering the Banilad Friar Lands Estate

• Section 1:
- All existing Transfer Certificates of Title and Reconstituted Certificates of Title duly issued by the Register of Deeds of Cebu Province and/or Cebu City covering any portion of the Banilad Friar Lands Estate are confirmed and declared as valid titles.
- The registered owners are recognized as absolute owners thereof.
- This confirmation and declaration of validity shall have the same effect as a decree of registration, binding the land and quieting the title.
- It shall be conclusive upon and against all persons, including the national government and all branches thereof.
- Exception: If there is clear evidence that a certificate of title or reconstituted certificate of title was obtained through fraud, the Solicitor General or designated representative shall institute necessary judicial proceedings to cancel the fraudulently obtained title.

• Section 2:
- All laws, decrees, proclamations or issuances contrary to or inconsistent with the provisions of this Act are repealed, amended or modified accordingly.

• Section 3:
- This Act shall take effect fifteen (15) days after its publication in the Official Gazette or in at least two national newspapers of general circulation.