Land Registration Authority (NOTICE)

Apr 26, 2011 No Comments by 3225 Views

SUBJECT: ADJUSTMENT OF INFORMATION TECHNOLOGY (IT) SERVICE FEES IN LRA TRANSACTIONS

The Land Registration Authority (LRA) hereby announces the adjustment of IT Service Fees stated below for transaction involving electronic registration of titles and deeds, pursuant to Section 12.02 of the Build-Own-Operate Agreement between the Land Registration Authority and the Land Registration System, Inc., for the Information Technology Network and Database Infrastructure Project of the LRA which state as follows:

“Section 12.02 Price Adjustment Procedure. x x x

The Fee Adjustment Procedure shall be as follows:

Effective the first anniversary following the effective date of this agreement and each succeeding anniversary thereafter during the term, the contract fee for each type of transaction rendered by the Service Contrator shall be automatically adjusted in accordance with the following price adjustment formula: x x x”

Service                                                                            Original Fee        Adjusted Fee
1. Issuance of True Copies of Subdivision Plan               P 100.00             P 143.72
2. Issuance of True Copies of Technical Description       P 100.00              P 143.72
3. Issuance of True Copies of Decrees of Registration    P 100.00              P 143.72
4. Issuance of True Copies of Certificates of Title            P 100.00             P 143.72
5. Issuance of True Copies of Other Documents              P 100.00             P 143.72
6. Certification of Status of Plans/Lots                              P 100.00             P 143.72
7. Issuance of Certificates of Title                                     P 150.00             P 215.58
8. Approval of Subdivision Plans                                      P 150.00              P 215.58
9. Query / Research                                                          P 150.00             P 215.58
10. Registration of Deeds                                                  P 240.00             P 344.93

* All fees indicated are exclusive of VAT

Said adjustment was found consistent with the afore-quoted Section 12.02 of the BOO Agreement and is in keeping with the intent of Republic Act No. 7718 or the Philippine Build-Operate-Transfer Law by NEDA. Likewise, it was favorably recommended by LRA’s Project Management Executive Committee (PMEC) in its Resolution dated January 14, 2011.

The implementation, however, of the above-stated fee adjustment shall be effected upon the issuance of a Circular to this effect.

 

 

Land Registration Authority (LRA)
Registry of Deed
City Hall Drive
General Santos City
Philippines 9500
www.lra.gov.ph
Hotline: 63-301-1543



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