Discontinuance Of The Spanish Mortgage System Of Registration And Of The Use Of Spanish Titles As Evidence In Land Registration Proceedings

MALACAÑANG
M a n i l a

PRESIDENTIAL DECREE No. 892 February 16, 1976

DISCONTINUANCE OF THE SPANISH MORTGAGE SYSTEM OF REGISTRATION AND OF THE USE OF SPANISH TITLES AS EVIDENCE IN LAND REGISTRATION PROCEEDINGS

WHEREAS, fraudulent sales, transfers, and other forms of conveyances of large tracts of public and private lands to unsuspecting and unwary buyers appear to have been perpetrated by unscrupulous persons claiming ownership under Spanish titles or grants of dubious origin;

WHEREAS, these fraudulent transactions have often resulted in conflicting claims and litigations between legitimate title holders, bona fide occupants or applicants of public lands, on the one hand, and the holders of, or persons claiming rights under, the said Spanish titles or grants, on the other, thus creating confusion and instability in property ownership and threatening the peace and order conditions in the areas affected;

WHEREAS, statistic in the Land Registration Commission show that recording in the system of registration under the Spanish Mortgage Law is practically nil and that this system has become obsolete;

WHEREAS, Spanish titles...

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Discontinuance of the Spanish Mortgage System of Registration and of the Use of Spanish Titles as Evidence in Land Registration Proceedings

- Fraudulent transactions involving Spanish titles or grants have resulted in conflicting claims and litigations between legitimate title holders, bona fide occupants, and applicants of public lands. (Preamble)
- Recording under the Spanish Mortgage Law system is practically nil, and the system has become obsolete. (Preamble)
- Spanish titles not brought under the Torrens system are ineffective to prove ownership unless accompanied by proof of actual possession. (Preamble)

Provisions:

- The system of registration under the Spanish Mortgage Law is discontinued, and all lands recorded under said system which are not yet covered by Torrens title shall be considered as unregistered lands. (Section 1)
- All holders of Spanish titles or grants should apply for registration of their lands under Act No. 496 (Land Registration Act) within six (6) months from the effectivity of this decree. (Section 1)
- After six (6) months from the effectivity of this decree, Spanish titles cannot be used as evidence of land ownership in any registration proceedings under the Torrens system. (Section 1)
- All instruments affecting lands originally registered under the Spanish Mortgage Law may be recorded under Section 194 of the Revised Administrative Code, as amended by Act 3344. (Section 1)
- All laws, executive orders, administrative orders, rules and regulations inconsistent with the foregoing provisions are hereby repealed or accordingly modified. (Section 2)
- This Decree shall take effect immediately. (Section 3)