AMENDMENT OR CANCELLATION OF TITLE

Category: Land Titles And Deeds

AMENDMENT OR CANCELLATION OF TITLE

> In the event the Assurance fund is held liable on account of the unlawful or erroneous issuance of a certificate of title, the Register of Deeds upon the authority of the LRA administrator, shall file the necessary action to amend or cancel the title or perform any other act as may be directed by the Court

>Such action may pre-empt any action against the Assurance fund

Section 98. General Fund when liable. If at any time the Assurance Fund is not sufficient to satisfy such judgment, the National Treasurer shall make up for the deficiency from any funds available in the treasury not otherwise appropriated. Section 99. Subrogation of government to plaintiff's rights. In every case where payment has been made by the National Treasurer in accordance with the provisions of this Decree, the Government of the Republic of the Philippines shall be subrogated to the rights of the plaintiff against any other parties or securities. The National Treasurer shall enforce said rights and the amount recovered shall be paid to the account of the Assurance Fund. Section 100. Register of Deeds as party in interest. When it appears that the Assurance Fund may be liable for damages that may be incurred due to the unlawful or erroneous issuance of a certificate of title, the Register of Deeds concerned shall be deemed a proper
party in interest who shall, upon authority of the Commissioner of Land Registration, file the necessary action in court to annul or amend the title.

The court may order the Register of Deeds to amend or cancel a certificate of title or to do any other act as may be just and equitable.