land title nakapangalan sa bangko

Yung title po na naiwan ng lolo at lola ko ay nakapangalan sa bangko pero bayad na raw po ang utang nila. May nagsasabi na kailangan kumuha ng clearance sa rural bank, pano po ba ang proseso? Pero ung nasa record po ng munisipyo ay nakapangalan pa rin sa lolo at lola ko, alin po ba ang mas ihohonor?

You should ask the rural bank where your grandparents have a current loan obligation. Also, you should bring proof of completion of payment of the debt of your grandparents, usually evidenced by receipts so that the bank can process the clearance faster.

Maybe the property was held as collateral by the bank if ever your grandparents will default on the payment, and the bank moved to have the property foreclosed due to the non-payment of your grandparent's debt.

You should ask the advice of a lawyer that specializes in banking laws so that he can help you figure out the current status of the land in question and also talk to the bank on your behalf.

Good luck.