MANILA, Philippines - The full computerization of the country’s land registration system under the ongoing Land Titling Computerization Project (LTCP) of the Land Registration Authority (LRA) is expected to finally solve the problem of fake land titles.
This was the consensus of stakeholders from the land and property industry, including banks, that gathered in a Land Registration Summit conducted to tackle the persistent problem of the proliferation of fake titles and to press the call for a faster, more efficient, and secure land registration process.
Carrying the theme “Challenges in Transition: Technology and Re-engineered Business Processes”, the summit was held to initiate cooperation among various interest groups such as banking industry, realtors’ associations, the Home Development Mutual Fund or Pag-IBIG, the LRA and the Department of Environment and Natural Resources (DENR), and to provide a venue for all concerned to raise and settle legitimate issues.
Keynoting the summit was LRA administrator Eulalio Diaz III who said the conference was vital in their bid to get industry support for the LTCP.
Diaz said the summit was a perfect example of public-private partnership.
The LRA chief said representatives from various sectors should regularly meet to make sure that the industry can give the necessary support and monitoring.
Diaz also revealed that the computerization of the LRA was within schedule and that most of the woes plaguing the land registration process would soon be eradicated.
During the summit, LRA deputy administrator Ofelia Abueg-Sta. Maria also outlined the present and the future of the LRA, highlighting the gains made with the computerization of the land agency.
Sen. Teofisto Guingona III, who was the summit guest of honor, called for the speedy completion of the LCTP to curb fake and spurious titling. Gracing the affair was DENR Secretary Ramon Paje who gave a message on the need of the LRA to automate.