BATAS PAMBANSA BLG. 642 - AN
ACT AUTHORIZING THE ISSUANCE OF TRANSFER CERTIFICATES OF TITLE TO
PROJECT BENEFICIARIES OF THE NATIONAL HOUSING AUTHORITY WITHIN THE TALA
ESTATE RESERVATION ON THE BASIS OF THE TRANSFER CERTIFICATES OF TITLE
ON FILE IN THE REGISTRY OF DEEDS OF RIZAL AND/OR IN THE REGISTRY
OF DEEDS OF CALOOCAN CITY |
Section 1. Any
provisions of law to the contrary notwithstanding, all registrable
deeds of conveyance and/or mortgage and other documents executed by the
National Housing Authority pursuant to Proclamation No. 843 in favor of
its intended project beneficiaries shall be registered in the Office of
the Register of Deeds of Caloocan City without need of presenting the
owner's duplicate of the certificate of title covering the area thus
conveyed or encumbered. In all cases of transfers of ownership to
project beneficiaries of the Authority, the Register of Deeds of
Caloocan City is authorized to issue the corresponding new transfer
certificates of title on the basis of the original copies of Transfer
of Certificates of Title Nos. 34591 thru 34637 which are in the custody
of the Registry of Deeds of Rizal and/or the Register of Deeds of
Caloocan City. Sec. 2. This Act shall take effect upon its approval. Approved: November 21, 1983 |