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Pimentel proposes land title insurance against fraud 09/10/2011

Saturday, September 10, 2011

Pimentel proposes land title insurance against fraud

09/10/2011
BACOLOD CITY — Sen. Aquilino “Koko” Pimentel III yesterday pushed the immediate enactment creating a system of land titling insurance in the statute books.

“If property can be insured against floods, fire, earthquakes and other calamities, then the same property can be insured against fraudulent land titling too,” Pimentel said.

Pimentel issued the statement in the wake of the resurgence of another huge land controversy in Quezon City where many ordinary land owners are threatened to be evicted from the homes that they purchased with their sweat and hard earned money.

Pimentel, however, emphasized that ultimately, in the Quezon City land row, the matter of determining ownership of the land is to be resolved by the courts..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/nation/20110910nat5.html

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