Buying real property can be considered among very important investments for an overseas Filipino worker (OFW) must have. having your own house and lot is a big accomplishment in a life of OFWs regardless of how big it is or its location or if you bought it cold cash or through a mortgage loan. To own a real property, it is important that you secure proper documentation. You need to be issued a land title as a proof of ownership. But what if your title was lost or damaged no matter how safe you keep it?
That is why the Land Registration Administration urges every Filipinos to enjoy the benefit and convenience of converting their paper land titles to electronic titles also known as the eTitle.
That is why the Land Registration Administration urges every Filipinos to enjoy the benefit and convenience of converting their paper land titles to electronic titles also known as the eTitle.
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The Land Regulatory Authority’s (LRA) urges everyone including the OFWs to convert their physical copy of land titles to the digital version of land titles or eTitles.
Under the Land Titling Conversion Project of the LRA, original titles in the Registry of Deeds are now stored in digital databases while the landowner’s duplicate copies of land title can now be converted to e-titles.
The Land Registration Authority has been implementing the Voluntary Title Standardization Program. It provides title owners the option to upgrade manually-issued titles to “eTitles”, which are issued by LRA’s new Computerized System.
LRA’s Computerized System was developed as part of the agency’s Land Titling Computerization Project.
Its aim is to maintain on-line information on titles that is current, complete and accurate. It is also designed to keep the security and integrity of records by safeguarding these from tampering or destruction and deter substitution or insertion of questionable data, in paper or digital form, and provide a system of timely detection and identification of fake land titles and to help identify the persons responsible.
How Do You Convert Your Land Title to eTitle?
Bring your owner’s duplicate title and other required documents to the registry of deeds or the nearest satellite office. The LRA personnel will match the duplicate copy to the original to validate authenticity.
Once validated, the conversion process of your manual title to eTitle will proceed. Your owner’s duplicate eTitle will be ready for pick-up after a few days.
By converting it to its digital version, you can enjoy a tamper-proof, destruction-proof, lost-proof original eTitle and the security of an owner’s duplicate eTitle.
Why do you need to convert your paper land title to eTitle?
Because it is made of paper, physical copies of land titles are prone to get lost, faked, caught in a fire, and other natural disasters that may damage it.
Landowners will also be spared to pay hefty fees in securing another copy of the land title when their duplicate copies are lost.
The e-titles also have security features to further protect the legitimacy of the land title.
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With the use of modern technology, the eTitle now empowers the LRA to improve its delivery of services. eTitles also comply with the risk management requirements of the banks and other institutions. You do your share as a landowner while LRA does its part. Convert your titles now.
Filed under real property, investments, overseas Filipino worker (OFW), mortgage loan, land title, Land Registration Administration, Filipinos electronic title, eTitles
Filed under real property, investments, overseas Filipino worker (OFW), mortgage loan, land title, Land Registration Administration, Filipinos electronic title, eTitles
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