Friday, June 21, 2024

Large scale real estate scam covering 3 municipalities - hence growth is slow and investors avoid our location

There is a sucker born every minute.  P.T Barnaum

There is large scale land scam in our area that drives away investors, stops development.  The justice system helped perpetuate this scam 

This is the so called Guido Estate, purportedly existing since 1912.  This covers areas from Mambog of Binangonan up to Villa Valera in Taytay.  

The  claimants here are 3:    Guido et al Interport and Rommel Realty.  When you apply for title it was alleged you have to settle, get quick claim from the 3 of them.

Correct us if it wrong.     There was this title for the Guido estate with technical description which was hurriedly issued a title on the same day by the RD of Morong.  The Mayor of Binangonan through the Solicitor General filed a suit vs the Title and the RTC said the title is fake.   The case was brought before the CA which reversed the lower court   This eventually led to having the Supreme Court for finality.  SC said that all titled land belong to the owners with Title, and those without title with Tax Dec are subject to case by case litigation. 

I met a person who used to work for BL who boasted that he was able to memorize the technical description of a 700 sm  property, from a microfiche.  From there, he was able to project that property to be 3,000 hectares.    And the technical description was the basis of the title issued  by the RD of Morong.  

How could the courts have caused so much injustice, perpetuating a scam, denying them the right to abode and land ownership.  I wonder if Guido was able to show proof of possession by paying the back taxes.  

Those who have tax dec can sell them but no TCTs will be issued to them.  Legit businesses will not buy properties without title.  So it is common in this area to sell subdivision lots without TCT.

When will the scam stop?   When will these 3 entities end the blockade to businesses who want to be in our area?





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