7 Different Modes of Acquiring a Title in San Pablo City, Laguna

Having a property is a good investment. It doesn’t matter if you plan to make full use of it as a residential property or a commercial property in San Pablo City, Laguna, you’ll be able to make the most out of your real estate investment no matter what happens. In fact, out of all the things that you can invest in, real estate properties are the best option since it does not depreciate in value. As time passes by, the land’s value will just increase.

When it comes to owning a property, you have several modes that will allow you to acquire a title in San Pablo City, Laguna. Of course, these are legal modes that you should know about. These seven include private grant, public grant, involuntary grant, inheritance, reclamation, accretion, and prescription.

For private grant, this means it is a voluntary transfer of a private property. The owner of that property in San Pablo City, Laguna is, of course, a private individual. The conveyance will be done via donation or sale.

If it is a public grant, then this means the acquisition of any alienable lands that is of the public domain. There are several ways that this can be granted. These ways include sales patent, free patent, homestead patent, and any other government awards.

As for the involuntary grant, this is the acquisition of a private property without the explicit consent of its former owner. The most common reason for this is foreclosure sale. Other reasons will include a tax sale or execution sale.

There is also the inheritance. The same as others, this is the act of acquiring a private property. However, for this particular mode, the passing of the property from one owner to another is through hereditary succession.

For the reclamation, this can be applied to submerged lands. You can acquire the title for a submerged land if you fill it out. Of course, this mode is subject to all existing government laws and regulations.

Accretion should also be discussed. With accretion, you’ll end up acquiring more lands adjoining river banks because of the gradual soil deposit resulting from river current.

Lastly, there is prescription. This is the another mode of acquiring a title. This is done through an uninterrupted, continuous, and actual possession for a certain period as prescribed by the law.