Republic Acts1 min read
Section 3Sec./Art. 3
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A new Section 4-A is hereby inserted after Section 4 of Republic Act No. 7652, to read as follows:
"Section 4-A. Operative Act of Registration. - The registration of the long-term lease contract shall be the operative act that renders the lease binding against third persons. Registration shall be made in accordance with the provisions of Presidential Decree No. 1529, as amended.
A registered lease contract shall not be subject to collateral attack. It cannot be altered, modified, or cancelled, except in a direct proceeding in accordance with law."
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