LRA Circular No. 04-09Mar 17, 2009Other Rules and Procedures

The LRA Circular No. 04-09, issued on March 17, 2009, introduces IT Service Fees for the electronic registration of chattel mortgages and other personal properties, as well as for transactions involving unregistered land. A service fee of P240.00 is established for the registration of deeds and includes charges for supporting documents. Additional fees are set for issuing true copies of documents (P100.00 plus 20% per additional page) and for query/research services (P150.00 per document). The circular takes effect 15 days after its publication in a widely circulated newspaper.

March 17, 2009

LRA CIRCULAR NO. 04-09

SUBJECT : Collection of IT Service Fees Pursuant to the Implementing Guidelines on Transactions on Electronic Registration of Chattel Mortgage and Other Personal Properties and Electronic Recording of Transactions on Unregistered Land 

 

SECTION 1. Fees Payable for Electronic Registration of Chattel Mortgage and Other Personal Properties. — In addition to the fees currently collected by the LRA and its Registries of Deeds, IT Service Fees shall also be collected for transactions involving electronic registration of chattel mortgage and other personal properties, as follows:

a) Service Fee for Registration of Deeds — P240.00 per deed/instrument processed for registration, including, but not limited to, supporting documents that are indispensable to the registration of the main document;

i) The supporting documents, wherein IT Services are rendered and for which an IT Service Fee per document shall be charged, are as follows:

(1) Documents that can be registered independent of the main document/instrument;

(2) Documents that need to be registered before the main document/instrument can be registered;

(3) Documents that are required by law, statutes, administrative orders, rulings, and the like, to be presented before the registration of a main document/instrument; and, CIaHDc

(4) Documents that are otherwise not indispensable but are requested by the client to be entered into the records of the Registry.

 provided, that, the word "registered" as above used shall contemplate registration in the legal sense of the word (annotation).

b) Service Fee for Issuance of True Copies of Other Documents — P100.00 per request plus an additional fee amounting to 20% of the base fee to be collected for each page in excess of the first two (2) pages;

c) Service Fee for Query/Research — P150.00 per instrument or document queried on.

SECTION 2. Fees Payable for Electronic Recording of Transactions on Unregistered Land. — In addition to the fees currently collected by the LRA and its Registries of Deeds, IT Service Fees shall also be collected for the electronic recording of transactions on unregistered land, as follows:

a) Service Fee for Registration of Deeds — P240.00 per deed/instrument processed for registration, including, but not limited to, supporting documents that are indispensable to the registration of the main document;

i) The supporting documents, wherein IT Services are rendered and for which an IT Service Fee per document shall be charged, are as follows:

(1) Documents that can be registered independent of the main document/instrument; EaTCSA

(2) Documents that need to be registered before the main document/instrument can be registered;

(3) Documents that are required by law, statutes, administrative orders, rulings, and the like, to be presented before the registration of a main document/instrument; and,

(4) Documents that are otherwise not indispensable but are requested by the client to be entered into the records of the Registry.

 provided, that, the word "registered" as above used shall contemplate registration in the legal sense of the word (annotation).

b) Service Fee for Issuance of True Copies of Other Documents — P100.00 per request plus an additional fee amounting to 20% of the base fee to be collected for each page in excess of the first two (2) pages;

c) Service Fee for Query/Research — P150.00 per instrument or document queried on.

SECTION 3. Effectivity. — This Circular shall take effect after fifteen (15) days from its publication in a newspaper of general circulation.

Done in Quezon City this 17th day of March in the year of Our Lord, Two Thousand and Nine. ECSHAD

APPROVED:

 

(SGD.) BENEDICTO B. ULEPAdministrator

Published in The Philippine Star on March 18, 2009.