Discontinuance of the Spanish Mortgage System of Registration
Presidential Decree No. 892, issued on February 16, 1976, discontinues the Spanish Mortgage System of land registration in the Philippines due to widespread fraudulent land transactions based on dubious Spanish titles. The decree mandates that all lands previously recorded under this system, which are not yet registered under the Torrens system, be considered unregistered unless the holders apply for registration within six months. After this period, Spanish titles will no longer be accepted as evidence of ownership in land registration proceedings. Additionally, all inconsistent laws and regulations are repealed, and the decree takes effect immediately.
Quick Answers
- What is Discontinuance of the Spanish Mortgage System of Registration about?
- Presidential Decree No. 892, issued on February 16, 1976, discontinues the Spanish Mortgage System of land registration in the Philippines due to widespread fraudulent land transactions based on dubious Spanish titles. The decree mandates that all lands previously recorded under this system, which are not yet registered under the Torrens system, be considered unregistered unless the holders apply for registration within six months. After this period, Spanish titles will no longer be accepted as evidence of ownership in land registration proceedings. Additionally, all inconsistent laws and regulations are repealed, and the decree takes effect immediately.
- What type of law is Presidential Decree No. 892?
- Discontinuance of the Spanish Mortgage System of Registration (Presidential Decree No. 892) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Discontinuance of the Spanish Mortgage System of Registration enacted?
- Discontinuance of the Spanish Mortgage System of Registration (Presidential Decree No. 892) was enacted on Feb 16, 1976.
- What is the citation for Discontinuance of the Spanish Mortgage System of Registration?
- Discontinuance of the Spanish Mortgage System of Registration, Presidential Decree No. 892, Feb 16, 1976 (Philippines)
Law Information
- Reference Number
- Presidential Decree No. 892
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Decrees
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
February 16, 1976
PRESIDENTIAL DECREE NO. 892
DISCONTINUANCE OF THE SPANISH MORTGAGE SYSTEM OF REGISTRATION AND OF THE USE OF SPANISH TITLES AS EVIDENCE IN LAND REGISTRATION PROCEEDINGS
WHEREAS, fraudulent sales, transfers, and other forms of conveyances of large tracts of public and private lands to unsuspecting and unwary buyers appear to have been perpetrated by unscrupulous persons claiming ownership under Spanish titles or grants of dubious origin;
WHEREAS, these fraudulent transactions have often resulted in conflicting claims and litigations between legitimate title holders, bona fide occupants or applicants of public lands, on the one hand, and the holders of, or persons claiming rights under, the said Spanish titles or grants, on the other, thus creating confusion and instability in property ownership and threatening the peace and order conditions in the areas affected;
WHEREAS, statistic in the Land Registration Commission show that recording in the system of registration under the Spanish Mortgage Law is practically nil and that this system has become obsolete;
WHEREAS, Spanish titles to lands which have not yet been brought under the operation of the Torrens system, being subject to prescription, are now ineffective to prove ownership unless accompanied by proof of actual possession;
WHEREAS, there is an imperative need to discontinue the system of registration under the Spanish Mortgage Law and the use of Spanish titles as evidence in registration proceedings under the Torrens system; aisa dc
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby decree and order;
SECTION 1. The system of registration under the Spanish Mortgage Law is discontinued, and all lands recorded under said system which are not yet covered by Torrens title shall be considered as unregistered lands.
All holders of Spanish titles or grants should apply for registration of their lands under Act No. 496, otherwise known as the Land Registration Act, within six (6) months from the effectivity of this decree. Thereafter, Spanish titles cannot be used as evidence of land ownership in any registration proceedings under the Torrens system. acd
Hereafter, all instruments affecting lands originally registered under the Spanish Mortgage Law may be recorded under Section 194 of the Revised Administrative Code, as amended by Act 3344;
SECTION 2. All laws, executive orders, administrative orders, rules and regulations inconsistent with the foregoing provisions are hereby repealed or accordingly modified; cd
SECTION 3. This Decree shall take effect immediately.
DONE in the City of Manila, this 16th day of February, in the year of Our Lord, Nineteen Hundred and Seventy-Six.
Cite This Law
Discontinuance of the Spanish Mortgage System of Registration, Presidential Decree No. 892, Feb 16, 1976 (Philippines)
Discontinuance of the Spanish Mortgage System of Registration, Presidential Decree No. 892 (Phil. 1976)
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