We are currently living in the generation of technological advancements. Right now, everything can be done in just one click of a button; almost all work can be achieved online. Just like in owning a real estate property, it is imperative that you have enough proof to show that you are the rightful owner. That is by securing a land title. However, back in 2008, the Land Registration Authority (LRA), let out the process of acquiring eTitles or electronic titles. In this article, we will be teaching you what that is, how you can do it, why it is important, and its overall effect to us.
An eTitle or electronic title is the digitized form of a land title. Since the LRA now has a database of lands and titles all over the country, they started urging people to convert to eTitle for a better and a more efficient way of tracking and storing.
With the Land Titling Conversion Project of the LRA, the Registry of Deeds (RD) now has original titles in their secure digital databases. Furthermore, landowners’ duplicate copies of their land titles can now be converted to electronic titles. Since then, the LRA has been convincing landowners, including OFWs, to convert their duplicate copies to eTitles through the Voluntary Title Standardization Program.
Why is it important and good to have an eTitle?
The classic and traditional way of having a certificate of your title is your land title. The original copy is kept by the Registry of Deeds is in their vault and is secure. Your copy (duplicate copy) is the one that you currently have.
This will only be helpful if you plan on doing something with your land (selling it, making it commercial, etc.). When you are looking forward to doing something with it, what you have as a duplicate copy should match what the RD has in their system.