(The Philippine Star) | Updated February 1,
2013 - 12:00am
MANILA,
Philippines - The Land Registration Authority (LRA) is accelerating its
computerization of all land titles in the Philippines, timed with the
observance of its 110th anniversary today at the LRA headquarters on East Ave.,
Quezon City.
Guest of
honor and speaker at the event is Justice Secretary Leila de Lima. The LRA is
administratively under the Department of Justice (DOJ).
The justice
secretary’s speech will be preceded by a switch-on ceremony, showing an
illuminated map that indicates registries of deeds nationwide that have already
activated their computerization processes.
Billed “Land
Titling Computerization Project,” the conversion from paper-based titles to
e-titles, is a build-operate-own (BOO) agreement between the LRA and the Land
Registration Systems, Inc. (Lares).
As of latest
count, about 92 percent of 12 million old paper land titles have been converted
into digital files, making LRA the biggest data bank of one of the most
important documents held by individuals or corporations.
This
according to LRA Administrator Eulalio C. Diaz III, who added that the Agency
is “on a fast track mode in persuading land owners to surrender their old
titles for conversion into computerized titles.
Ronald A.
Ortile, LRA deputy administrator, said e-Titles are free from damage or loss.
“Even if an RD office is gutted by fire for some reason, we can always
reconstruct the same database,” he pointed out.
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