I did a follow up late last year and was surprised to be told that my title was 'missing'. The corporation representative admitted that the physical title had gone missing within the company premises and they had been looking for it thoroughly. Just this month a called them up again, and they said that there is no hope in finding it, so they already submitted a letter to the Registry of Deeds. By doing so, they promise to have the title produced in 6 months.
Questions po. Is what they are doing realistic? I called up HLURB and told me there is no such thing as a 'missing title'. It's either there is a title or there is none. Since there had been a piled up delay on my title (paid my lot in full since 2008; release of un-transferred title was delayed also, but that's another story), HLURB told me, 'Mag-isip-isip ka na. Pag banko na may-ari nung lupa mo mas mahihirapan ka mag-claim. Kumuha ka na ng abugado and file charges."
Another one, browsing from other websites I learned that there is a certain period of time (one or two months?) wherein developer/corporation must release the title once the full payment is made. Also, transferring of title to the name of the new owner could in fact be done in as fast as two weeks, if personally done. Is this correct?
This is now a question of whether I wait (again) for my title, or file charges na. Should the experts here suggest the latter, what sort of implications or ordeals am I gonna be facing?
Good afternoon again.