Republic Acts1 min read
Section 38Sec./Art. 38
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
Fees Set by Regulation.
(a) The fees for registering a notice and for requesting a certified search report shall be set by regulation issued by the DOF for the recovery of reasonable costs of establishing and operating the Registry.
(b) The fee structure or any change thereof under subsection (a) shall further consider that the same shall not be burdensome to either lender or grantor.
(c) There shall be no fee for electronic searches of the Registry records or for the registration of termination notices.
(d) The Registry may charge fees for services not mentioned above.
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.