I'm a business development engineer and my job is to acquire raw land to develop into subdivision. Kasama po sa trabaho ko ang tignan ang mga annotations sa titulo ng property na binibili namin, at ang pinakamadalas kong makita ay Sec. 7 R.A. 26 & Sec. 4 Rule 74.
My questions are:
1. In simple terms, what is the meaning of those annotations?
2. What is the step by step procedure of reconstituting a title? Ang sabi kasi ng boss ko Sec. 7 R.A. 26 pertains to reconstitution of title.
3. What is the step by step procedure of transferring a title from the name of the deceased owner to his/her heirs? sec. 4 rule 74 daw ung annotation kapag namatay ung land owner.
4. What is the step by step procedure and how long will it take to cancel these annotations on the title?
Thank you.
P.S.
I'm glad to discover this site. Kailangan ko lang talaga ng mas makakapag explain sa akin ng mga legal matters tulad nito. Thank you. God bless you and more power