Monday, October 10, 2016

Validity of eCARs reckoned from the Date of Issuance for Purposes of Presenting the Same to Registry of Deeds

The bureau  has issued Revenue Memorandum Order (RMO) No. 55-2016 amending  certain provisions of RMO No. 15-2003, as amended by RMO No. 22-2016, relative to the Processing of Electronic Certificate Authorizing Registration (eCAR) and its Signatories.

It is stated in the RMO under Section III Policies and Guidelines, Item No. 6 of RMO No. 22-2016 is likewise amended to read as follows:

"6. eCARs shall have a validity of three (3) years reckoned from the date of issuance for purposes of presenting the same to the Registry of Deeds. Xxx. The LT Division Chief/RDOs or ARDOs shall issue a new eCAR to the taxpayer in case the latter fails to present the eCAR to the Registry of Deeds within the three (3) year validity period. Xxx."