Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City

SEVE

NTH CONGRESS.
First Regular Session

HOUSE BILL No, 3890

Introduced by REP, EVELINA

;CUDERO.

EXPLANATORY NOTE

Real property right is unique because there are multiple
of property, In our jurisdiction, the following rights, among othei
of a land: right to sell, right to lease, right to use, right to posse

ights” associated with each piece
. are accorded by law to an owner
and right to acquire mineral.

Our system of property registration as embodied in Presidential Decree (PD) No. 1529, as
amended, covers this bundle of rights under real property right. However, the system of
registration, especially on lease on registered property is limited only to registration by annotation,
which is the inscription of a memorandum on the original certificate title of property and the
owner’s duplicate.

This bill proposes to expand this system of registration, especially on lease on registered
lands by authorizing the issuance of certificates of lease. It is by virtue of this certificate that a
lessee, like a certificate of title to an owner, may be able to prove the existence of the lease. True,
tion 52, PD No. 1529 provides that a registration of lease in the Register of Deeds is a
constructive notice to all persons from the time of such filing or registering. However, with this
proposal it is not only notice but with an indefeasible proof of lease as well that are provided for to
safeguard the right of a lessee

Passage of this bill is thus submitted for deliberation.

Met)

EVELINA G. ESCUDERO


Republic of the Philippines
HOUSE OF REPRESENTATIVES,
Quezon City

EENTH CONGRE
Regular Session

HOUSE BILL NO. 3890

Introduced by REP. EVELINA G, ESCUDERO

AN ACT
STABLISHING A SYSTEM OF REGISTRATION FOR
LE ON REGE ED LANDS

Be it enacted by the Senate and the House of Representatives of the Republic of the
Philippines in Congress assembled:

SECTION 1. Short Title. This Act shall be known as the “Property Lease Registration

Act.”

2. Registration. Upon presentation for registration of a lease contract or

agreement together with the owner's duplicate certificate, the Register of Deeds shall enter upon

the original of the certificate of title and also upon the owner's duplicate certificate a memorandum
thereof, the date and time of filing and the file number assigned to the contract or agreement, the
number of the issued certificate of lease, and shall sign the said memorandum. He or she shall also
note on the contract or agreement the date and time of filing and a reference to the volume and page

of the registration book in which it is registered.

The Re

ister of Deeds shall issue a certificate of lease in the name of the ee with

complete reference to the ate of title of the registered land so leased and the details on the

terms and conditions of the

SEC.

Discharge or Cancellation. A lease on registered land may be discharge or

canceled by means of an instrument executed by the lessee in a form sufficient in law, which shall

be filed with the Register of Deeds who shall cause the cancellation of the certificate of lease and

make the appropr

te memorandum upon the certificate of title,
SEC. 4, Amendatory Clause. All laws, presidential decrees, executive orders,

proclamations and/or administrative regulations, specifically Sections 54, 60, 61 and 62 of


Presidential Decree No. 1529, as amended, which are inconsistent with the provisions of this Act

are hereby amended, modified, superseded or repealed accordingly.

SEC. 5. Implementing Rules and Regulations, ‘The Land Registration Authority in
coordination with other agencies of government concerned shall within ninety (90) days from the
effectivity of this Act promulgate the required rules and regulations for the effective

implementation of this Act.

SEC. 6. Separability Clause. If any provision or part hereof is held invalid or
unconstitutional, the remainder of the law or the provision not otherwise affected shall remain valid

and subsisting

SEC. 7. Effectivity Clause. This Act shall take effect fifteen (15) days from its

publication in the Official Gazette or at least two newspapers of national circulation.

Approved,