Jing Fernandez Realty Brokerage

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Studio Unit for SALE in THE GROVE by ROCKWELL

The Grove is Rockwell Land’s resort-themed 5.4-hectare development, conveniently located along the C-5 corridor of properties, near Ortigas Avenue.   100% Back-up power 28-megawatts of standby generator power; no blackouts in case of emergencies.   24 Hour Security Gated Community   MULTI-LEVEL POOL Uniquely-designed 40-meter Lap pool, Central and lounge pool, Kiddie Pool With Multi-purpose Gazebos and [...]

Location

The Grove by Rockwell, along C-5 near Ortigas Avenue, Pasig City

Floor Area

34 sqm

Price

Php 3,800,000.00

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2BR LOFT for SALE in Joya South, Rockwell

93sqm, 2 bedrooms, 2 toilet and bath, 1 parking, fully furnished. Php17,500,000   Joya consists of two high-rise residential towers, the North and the South, with 46 stories and 44 stories respectively. Joya’s array of amenities includes outdoor swimming pools, children’s playground, games and billiards room and a two-story fitness center, dance area and game room for [...]

Location

Joya South Tower, Rockwell Center, Makati City

Floor Area

93 sqm

Price

Php 17,500,000

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2BR UNIT for SALE in Hidalgo Place

128sqm, 2 bedrooms, 3 toilet and bath, maids room, 2 parking. Totally renovated, all first class materials and fixtures. Php27,500,000   Hidalgo Place is a 24-storey tower so well-surrounded by lush greens that its easy to forget the very centre of Makati is a few blocks away. Everything is within walking distance to Hidalgo be [...]

Location

Hidalgo Place, Rockwell Center, Makati City

Floor Area

128 sqm

Price

Php 27,500,000

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PROSCENIUM AT ROCKWELL: KIROV TOWER

The Kirov will stand 58 storeys tall and will boast a hefty 191 units. Prioritizing privacy, each floor will hold only 2 to 4 units, ensuring a retreat from the busy city. The Kirov will have 160  3-bedroom units (224 to 241 sqm), 21 3-bedroom penthouse and 10 4-bedroom penthouse with each penthouses offering a [...]

Location

Proscenium, Rockwell Center, Makati City

Floor Area

224 - 241 sqm

Price

Php 37,000,000 to 44,000,000

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PROSCENIUM AT ROCKWELL: LINCOLN TOWER

Lincoln rises to an impressive 46 floors, featuring a vast range of unit cuts. Creating an ideal balance between function and design, the third tower of the Proscenium features a total of 492 units, composed of 82 studio units (31-32 sqm), 246 one-bedroom units (54-65 sqm) and 164 two-bedroom units (90-118 sqm).   Features & [...]

Location

Proscenium, Rockwell Center, Makati City

Floor Area

31 - 119 sqm

Price

Php 6,000,000 - 23,000,000

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The Land Registration Authority of the Philippines

The Land Registration Authority (www.lra.gov.ph) is the agency mandated by Philippine laws with the task of preserving the integrity of the land registration process and protecting the sanctity of the Torrens Title. It is the central depository of all lands records and through its Registry of Deeds offices nationwide, that all records are kept of its instruments affecting registered and unregistered lands as well as chattel mortgages affecting movable properties.

“Title” is a generic word meaning proof, evidence or monument of ownership, such as Tax Declarations, Real Property Tax Receipts, Deeds of Sale, and the Torrens title. Title, contrary to popular understanding, is not directly synonymous with Torrens, which is considered as the best evidence of ownership because “it is binding and indefeasible to the whole world.”

The Torrens System originated when Sir Robert Torrens became a member of South Australia’s First Colonial Ministry, where he introduced in the parliament a bill providing for the adoption of his scheme of land registration. Torrens was inspired by the facility with which ships or undivided shares therein were negotiated and transferred in accordance with the Merchant Shipping Acts. Becoming a Register of Deeds, he devised a scheme of registration of title that improved the old system.

In the Philippines, the Philippine Commission enacted in November 6, 1902 the Act 496, otherwise known as the Land Registration Law. This Act created the Court of Land Registration (CLR), the offices of the Registers of Deeds, and of the institution in this country of the Torrens System of registration, whereby a real estate ownership may be judicially confirmed and recorded in the archives of the government. However, the system actually took effect on February 1, 1903.

Later, the Court of Land Registration, because of Act No. 2347, was given over o the Court of First Instance and a new office was established – the General Land Registration Office (GLRO).

On June 17, 1954, Republic Act No. 1151 abolished the GLRO and created the Land Registration Commission (LRC) wherein the Commissioner took over the powers and functions of the GLRO, directly working under the jurisdiction of the Department of Justice, and was in direct control of the Registers of Deeds (RD’s) as well as the Clerks of Court of First Instance in land registration cases.

A Registry of Deeds was established in every city and every province and a branch registry was put up wherever else possible at that time. On February 9, 1981, then President Ferdinand E. Marcos issued Executive Order No. 649, reorganizing the LRC into the National Land Titles and Deeds Registration Administration (NLTDRA). This was changed into the Land Registration Authority by virtue of a Presidential Memorandum Circular dated September 30, 1988 and in line with Executive Order No. 292 dated July 25, 1987, instituting the Administrative Code of 1987, which took effect in November 1989.

At present, the LRA is still and attached agency of the Department of Justice and is working hand in hand with the following public sector agencies:

1. Bureau of Internal Revenue (BIR) – collection of capital gains and other related taxes

2. Local Government Units (LGU’s) – collection of real property and transfer taxes

3. Department of Agrarian Reform (DAR) – issuance of patents for land under the Comprehensive Agrarian Reform Program (CARP)

4. Department of Environment and Natural Resources (DENR) CENRO, PENRO RED – issuance of patents (title to land) Regional Land Management Service (DENR-LMS) – examination and approval of survey plans

5. Regional Trial Courts (RTC) and Municipal Trial Courts (MTC) – determination of validity of ownership claims in applications for original registration, judicial reconstitution of titles, and amendments to certificates

6. Office of the Solicitor General (OSG) – identification and investigation of fraudulent titles

7. Philippine National Police (PNP) – apprehension and prosecution of persons or syndicates caught in possession of or transacting in fake or spurious certificates of land title

The Authority has grown through the years, now with a total of 2,500 employees nationwide. The Authority is more active than ever, willing and able to defend the integrity of the Torrens system in the Philippines for the benefit of the Filipino landowners.