Professional Documents
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CITY OF DAVAO
Office of the City Council
_________________________________________________________________________________
BACKGROUND
This pertains to the letter from Davao Light and Power Company requesting
the cancellation of encumbrance annotated on Transfer Certificate of Title No. T41824 covering a parcel of land, located at Barangay Ma-a, Talomo District, Davao
City, and containing an area of EIGHT HUNDRED THIRTY NINE (839) Square
Meters;
HIGHLIGHTS
The subject property is registered in the name of Donato D. Fabros and the land title
was issued on November 26, 1973 with the aforementioned annotation.
The property was conveyed to Davao Light and Power Company by virtue of a Deed
of Absolute Sale executed by Donato D. Fabros, Sr. dated June 19, 2014 ratified
before the notary public of Atty. Sherwin Ma. V.C. Quilatan.
The applicant manifested that the ten (10) year prohibitory period had long been
expired.
RECOMMENDATIONS
Vice-Chairperson
Member
CONCURRENCE:
Chairperson
Vice-Chairperson
Member
Member
Member
Certificate of Title No. 41824, which reads as Except in favor of the Government or
any of its branches, units, or institutions, land acquired under the provisions of this
Act or any permanent improvement thereon shall not be subject to encumbrance or
alienation from the date of the award of the land and/or the improvements thereon
and for a term of ten years from and after the date of issuance of the certificate of
title, nor shall they become liable to the satisfaction of any debt contracted prior to
the execution of such period.
RESOLVED FINALLY, that copies of this Resolution be furnished to the Office of the
Secretary of the Sangguniang Panlungsod, City Planning and Development Office,
City Legal Office, City Mayors Office, and all other offices/departments concerned,
for their information and guidance.
Done this _________________, Davao City, Philippines.