Need Help With Title Transfers, Title Verification, and Reconstitution Of Lost Titles?

Updated on May 5, 2015 by 10 Comments
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Do you have a lost Certificate of Title and don’t know what to do? Do you need to transfer titles but have no time and resources because you have a full-time job or live overseas? Do you need to verify the authenticity of the title of the property being sold to you? Are you sure that the title presented to you corresponds to the area (in square meters) and location of the property shown to you? There is actually a one-stop shop that can help you with all these.

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OMI Land Title Services

OMI Land Title Services is a one-stop shop for title verification, title transfer, reconstitution of titles, and other land title services. For a reasonable fee, they will be able to solve all the above-mentioned problems for you, and more. With their team of lawyers, geodetic engineers, and professional staff, you can sit back and relax and leave the headaches to them (haha).

Here’a video that will give you an idea of the company:

Title Verification for Due Diligence Purposes

If you are buying a property and will be investing a significant amount of money, a prudent move would be to verify, based on the Title,whether the area (in square meters) as stated in the Title, is the same as the actual area of the property, based on a land survey.

It’s also good to verify that the location of the property as stated in the title description of the Title (which is stated in degrees, Northwest, Southwest, etc. which many people don’t really understand) is the same as the actual location. It may be that the address in the Title is in Pasig but in reality, it is in Marikina or some other place. Incidentally, if there is a problem in the technical description (the polygon does not close, etc.), OMI can also fix it for you.

It would also be good to check the ownership history of the Title and see if the records match the tax declaration, survey plans, etc. A traceback would also be good if you want to see the annotations in the previous title (for example, how much the property was mortgaged to the bank).

Here’s a short video showing Mr. Hardy Lipana, Business Unit Head of OMI Land Title Services, explaining the title verification process:

Title Transfer

Transferring a Title is very tedious and time-consuming. If you’re not really sure of the steps, you will end up going back and forth because you lack some documents or signatures. You need to go to different government agencies and you have to fall in line many times. If you have a full-time job or are very busy with more pressing concerns, you may want to consider outsourcing the title transfer to OMI.

We have outsourced our title transfer needs to OMI in the past and we were very satisfied, impressed even – specially when they were able to meet a deadline for a bank loan. If you are looking for speed and efficiency, and basically want to relax while someone else is handling the legwork and headaches on your behalf (you can see how glad I am to get rid of the headaches), there’s no harm in inquiring about their services – asking for a quote is free!

If you want to have an idea of how tedious and time-consuming transferring a title can be, here’s a video of Mr. Hardy Lipana explaining the steps:

Lost your copy of the title and don’t know what to do?

The process you need to undergo is Reconstitution of your land title. Reconstitution is the restoration of the instrument or title allegedly lost or destroyed in its original form and condition.

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Administrative reconstitution applies when there is substantial loss or destruction of land titles, due to fire, flood or other force majeure where the number of certificates of title lost or damaged is at least ten percent (10%) of the total number of titles in custody of the Registry of Deeds, but the number of lost titles should not be less than 500. Judicial reconstitution applies when individual file copies of the certificate of title are lost or destroyed in the Registry of Deeds.

Here are the flowcharts for administrative and judicial reconstitution, which I got from the Ombudsman’s website:
Process- Administrative Reconstitution of Title

Process- Judicial Reconstitution of Title

As you can see, it is a very long process. For judicial reconstitution, you need a lawyer. Anyway, for a short discussion on how reconstitution works, here’s a video of Mr. Hardy Lipana of OMI:

Reasonable Rates

You may be thinking that their services are expensive since their office is in Makati, and they can issue a BIR Official Receipt if you avail of their services. I think their fees are reasonable for the services they render (and the headaches they take away from you).

Please don’t hesitate to ask for a free quote. You may call Mr. Hardy Lipana, Business Unit Head at 884-11-06 local 556 or Ms. Rose Cruz, Marketing Officer at 884-11-06 local 525. Just let them know Cherry and Jay Castillo of ForeclosurePhilippines.com referred you. You may also check out their website:  http://www.omilandtitle.com/.

Do you want to ask a lawyer about your real estate-related legal problem?

Our association, REBAP-LMP, will be holding a CPE seminar this Saturday, August 31, 2013, from 8 am to 8 pm and one of our speakers is the Hon. Judge Gregorio Velasquez, who will be speaking from 4 to 8 pm about the topic “How to Fix Real Estate-Related Problems and Clean “Dirty” Properties” and Real estate laws like the Maceda Law and Condominium Law. Now is your chance to ask about your specific legal problem and get an answer right away. Click on this link for details. Hope to see you this Saturday!

~

Cherry Vi M. Saldua-Castillo

Real Estate Broker, Lawyer, and CPA
PRC Real Estate Broker License No. 3187
PRC CPA License No. 0102054
Roll of Attorneys No. 55239

2013 Internal Education Head, REBAP-LMP

Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2013 All rights reserved.

Full Disclosure: OMI Land Title Services is a trusted business partner for our land title service needs.

  • Ramon

    Hi. Pls. help us Atty. Four of us (all family members with diff. %tage share each) recently bought a Metro Mla lot. Per verification, ok po lahat including ownership. Only problem is incomplete po ang Tech. Description sa TCT. It says “Full technical description appears on TCT No. xxxx”. We were not able to get a copy of said TCT from the RD, LRA(Micrographics Section) and from Binangonan. Neither were we able to get a copy of the subdivision plan(Psd xxxxx)from LRA Docket Section (Rm 107), LMB(DENR) East Ave nor from LMB Escolta. Result of the traceback conducted shows the same notation on the two cancelled TCTs prior to the current one. I had the lot resurveyed, got certified true copies of TCTs & Tax Decs of 2 adjacent lots, and will file the survey plan for approval. After approval, ipapainscribe daw. How will this be done? Will it be thru the Court? How much po will be the probable cost(our purchase price is about P4.5M)? How long will the Court’s decision be? Is there another way/s to have the Tech Desc inscribed without going thru the Court? And is there another way to secure/locate the missing Tech Desc./TCT? Thank you

    • http://www.foreclosurephilippines.com Jay Castillo

      Hi Ramon, We experienced something similar with a foreclosed property we bought, and this was corrected by OMI for us when they did the title transfer. I suggest you get a free quote from OMI, here’s a link to their page where you can ask for a quote: http://www.omilandtitle.com/ask-for-a-quotation/

      • Josh

        How much your expenses Sir Jay after they fixed your problem?

        • http://www.foreclosurephilippines.com Jay Castillo

          If I remember correctly my total cost for the transfer (service fee) was Php15K. Of course I also shouldered the taxes, fees, and other out of pocket expenses. Take note, this was before the LRA computerization, so if it was a typo error, it was easier to fix.

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  • Chuckkk

    Thumbs up to this post! Naghahanap kami dati ng ganitong business na nag ooffer ng all-in-1 pero wala talaga kaming mahanap, now I know where to go! Thanks Jay! Will definitely bookmark this one for future references.

  • Mark

    Atty, pde bang pirmahan ko ung deed of sale d2 SA Canada(buyer) then send SA California then pirmahan nila(seller) then consularized SA California ung deed of sale for a condo located in the philippines?

    Please advise. Thanks! :)