This case has been cited 1 times or more.
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2010-04-20 |
LEONARDO-DE CASTRO, J. |
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| As to the merits, NHA stresses that the annotation and entry in the owner's duplicate certificate of titles of the sheriff's certificate of sale are sufficient compliance with the requirement of law on registration. To support this, NHA refers to Land Registration Administration Circular No. 3 dated December 6, 1988, entitled "Entry and Provisional Registration of Instruments Pending Reconstitution of Title" which allegedly authorized all Registers of Deeds to accept for entry and provisional registration instruments affecting lost or destroyed certificates of title pending reconstitution of the original. The legality and validity of the disputed registration on its duplicate copies of the sheriff's certificate of sale, NHA insists, are backed by this Court's ruling in Development Bank of the Philippines v. Acting Register of Deeds of Nueva Ecija,[33] where purportedly, this Court made a favorable interpretation of Section 56 of Presidential Decree No. 1529. NHA says that the inscription of the sheriff's certificate of sale only to the owner's duplicate copies, but not to those in the custody of the register of deeds is justified as the latter were burned down. Thus, it could not be blamed for the non-registration of the sale in the original copies. | |||||