Practice question
An owner completes a valid full fee-simple conveyance through the prescribed registration process. The parties ask the registrar to leave the grantor’s original and duplicate active as if no transfer occurred while issuing a new certificate to the grantee. Which is correct?
- The parties may keep unlimited active ownership certificates by agreement
- Section 57 directs cancellation of the grantor’s original and duplicate in the prescribed transfer process
- Only the grantee’s certificate must be canceled
- A private letter replaces every registry step
- The registrar need not trace the preceding certificate
Legal references
- PD1529, Sections16,18,20,25,28-29,40-43,55-58 and70,76-77: https://lawphil.net/statutes/presdecs/pd1978/pd_1529_1978.html
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