Guidelines on the Payment of LRA Fees and IT Service Fees in the Form of Manager's Check
LRA Circular No. 001-12 outlines the procedures for the payment of LRA Fees and IT Service Fees via Manager's Check at Registries of Deeds and the LRA Central Office. It mandates that separate Manager's Checks be presented according to the amounts specified in the Assessment Form generated by the Computerized System. Payments for LRA Fees must be made to the respective Registry of Deeds or the Land Registration Authority, while IT Service Fees must be directed to the PNB Trust Banking Group’s escrow accounts. The Circular takes effect 15 days after publication in a widely circulated newspaper.
Quick Answers
- What is Guidelines on the Payment of LRA Fees and IT Service Fees in the Form of Manager's Check about?
- LRA Circular No. 001-12 outlines the procedures for the payment of LRA Fees and IT Service Fees via Manager's Check at Registries of Deeds and the LRA Central Office. It mandates that separate Manager's Checks be presented according to the amounts specified in the Assessment Form generated by the Computerized System. Payments for LRA Fees must be made to the respective Registry of Deeds or the Land Registration Authority, while IT Service Fees must be directed to the PNB Trust Banking Group’s escrow accounts. The Circular takes effect 15 days after publication in a widely circulated newspaper.
- What type of law is LRA Circular No. 001-12?
- Guidelines on the Payment of LRA Fees and IT Service Fees in the Form of Manager's Check (LRA Circular No. 001-12) is a Philippine Other Rules and Procedures enacted by the Congress of the Philippines.
- When was Guidelines on the Payment of LRA Fees and IT Service Fees in the Form of Manager's Check enacted?
- Guidelines on the Payment of LRA Fees and IT Service Fees in the Form of Manager's Check (LRA Circular No. 001-12) was enacted on Jan 2, 2012.
- What is the citation for Guidelines on the Payment of LRA Fees and IT Service Fees in the Form of Manager's Check?
- Guidelines on the Payment of LRA Fees and IT Service Fees in the Form of Manager's Check, LRA Circular No. 001-12, Jan 2, 2012 (Philippines)
Law Information
- Reference Number
- LRA Circular No. 001-12
- Date Enacted
- Category
- Other Rules and Procedures
- Subcategory
- Land Registration
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
January 2, 2012
LRA CIRCULAR NO. 001-12
| TO | : | All Registrars of Deeds, Cashiers and Personnel of All "Live" Registries of Deeds |
| SUBJECT | : | Guidelines on the Payment of LRA Fees and IT Service Fees in the Form of Manager's Check |
This Circular is issued for the purpose of prescribing rules and procedures to guide the registering public in the payment of Manager's Check for transactions entered at the Registries of Deeds and LRA Central Office.
The following procedures shall be observed in the Registries of Deeds and LRA Central Office:
1. A separate Manager's Check shall be presented by the registrant in the payment of LRA Fees and IT Fees, which shall be in accordance with the amount indicated in the Assessment Form generated by the Computerized System;
2. For the payment of the LRA Fees, the Manager's Check shall be made in the name of:
a. "Registry of Deeds of (name of Registry of Deeds)" — for payment of transactions entered at the Registry of Deeds; or
b. "Land Registration Authority" — for payment of transactions entered at the LRA Central Office.
3. For Payment of IT Service Fees, the Manager's Check shall be in the name of:
a. "Registry of Deeds of (name of Registry of Deeds)" — for the account of PNB Trust Banking Group as Escrow Agent for Trust Account No. 161144TA01" — for payment of transactions entered at the Registries of Deeds; or DaAETS
b. "Land Registration Authority — for the Account of PNB Trust Banking Group as Escrow Agent for Trust Account No. 161144TA01" — for payment of transactions at the LRA Central Office.
This Circular shall take effect after fifteen (15) days from its publication in a newspaper of general circulation, and the filing of the three (3) copies hereof with the University of the Philippines Law Center.
(SGD.) EULALIO C. DIAZ IIIAdministrator
Published in The Philippine Star on January 7, 2012.
Cite This Law
Guidelines on the Payment of LRA Fees and IT Service Fees in the Form of Manager's Check, LRA Circular No. 001-12, Jan 2, 2012 (Philippines)
Guidelines on the Payment of LRA Fees and IT Service Fees in the Form of Manager's Check, LRA Circular No. 001-12 (Phil. 2012)
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