Act No. 3315 — An Act to Amend Section One Hundred and Fourteen of Act Numbered Four Hundred and Ninety-Six, Entitled "The Land Registration Act," as Amended, Fixing a New Schedule of Fees for Clerks of Courts and Registers of Deeds.
Act No. 3315 — An Act to Amend Section One Hundred and Fourteen of Act Numbered Four Hundred and Ninety-Six, Entitled "The Land Registration Act," as Amended, Fixing a New Schedule of Fees for Clerks of Courts and Registers of Deeds.
Data as of July 4, 2026 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
SECTION 1. Section one hundred and fourteen of Act Numbered Four hundred and ninety-six, entitled "The Land Registration Act," as amended, is hereby further amended by inserting at the end thereof, the following additional clause:
"Notwithstanding the rates hereinabove provided, in all other contracts where the actual value of the encumbrance or real right sought to be registered is not fixed in the contract or cannot be determined from the terms thereof, the basis for fixing the registration fees shall be the assessed value during the current year of the property affected."