THE LAND REGISTRATION Authority (LRA) has
stopped the centralized verification of titles issued by other
government agencies, it announced in a circular published in a newspaper
yesterday.
Under LRA Circular 65-2013, the Central
Office Verification Process (COVP) is no longer a mandatory requirement
for the registration of titles and plans approved by other government
agencies.
The LRA said the cessation of the process was "for the interest of
service and in order to fast-track the processing of said transactions."
The process was earlier enforced as part of the LRA’s Land Titling
Computerization Project, which was aimed at preventing the issuance of
titles with technical defects like open parcels, wrong areas and
location, and duplicating or overlapping parcels.
Based on experience, the LRA noted the COVP heavily depended on
documents from other government agencies, which usually delayed the
processing of transactions by the LRA with its clients.
The LRA said the titles issued by other government agencies should also
enjoy the presumption that its preparation, processing and approval of
the titles are correct. -- M.F.E. Flores
source: Businessworld
