Avoid investing in non titled property in these towns in Southern Tagalog
We had to end our plan to develop 5.1 ha property under a joint project agreement. But we exercised due caution and diligence anyway. Prior to submission of written offer to the land owner, we had to seek approval/waiver from the bigtime estate owner. The owner, with a G ...o surname and with 4 others title to some 3,000 hectares encompassing three towns.
How they got this extends to 1932. They had a title to the said property which was lost and only reconstituted in the 1970's The irony is that they did not pay RPT to the said land holding. The oldies said this was a fake title. And so with the Solicitor General and LGU mayor. They assailed the title and which was upheld the court They went to the Court of Appeals and they overturned the lower court (meaning the title was valid) and when they went to SC - the court said all the lands that have titled are legally the property of the title holder, but those without titles belong to the ....o
The land owner and or other pundits said that the decision of the SC is unassailable (as if their decision is the word of the Pontiff or God) Just how unjust their decision was, and how this has held the progress of this town to its lowest level vs the other towns in the province.....
The thing is there are many defects to the decision. And open to more lawsuits. There are now five title holders to the property. And there arise a question - who is the owner. Then ....o said there was a deed of exchange but there were no issuance of shares, nor payment.
The possessors of land could not get a title under the Public Lands Act, since the land now are private and owned by the >>>o. No one wants to invest in these town, because the estate owner may seize the property, at the same time those who reside at the areas, religiously pay their RPT proving their possession. Now, the state can forfeit the land purportedly owned by ....o, and bid out give that to the occupant. Why is the LGU not doing that
Now going back to our case of planned development. The broker, at the same time cohort of ....o met last Friday to ask questions for confirmation. But the lady owner was feisty and cut off the conversation query from this post
We just asked: " Can you give us a Free Patent Title copy, the waiver that caused the issuance of the said free patent The DENR is enjoined not to issue title that is not public land and the ,,,,lot isi private. Using blocking neutralizing argument, the ....cohort said that what is the point if you do not trust us. (All that he has to do is show a sample - may be there is none)
Be careful of properties that are part of ....case or are untitled in the ......an area. You may be sorry. If there are titled properties, do a lot of due diligence. If untitled, reject this outright.
