Collection of IT Service Fees Re: Electronic Registration/Recording of Chattel Mortgage and Transactions on Unregistered Land

March 17, 2009

LRA CIRCULAR NO. 04-09

 

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.