ISSUANCE OF TRANSFER CERTIFICATE TITLE WITHOUT PRODUCTION OF OWNER’S DUPLICATE UNWARRANTED

> When the land which is the subject of sale thus registered in the name of the purchaser, registration takes effect retroactively as of the date when the deed, conveyance was noted in the entry book of the Register of Deeds

> The issuance of a TCT without the presentment of the owner’s duplicate is unwarranted and confers no right on the purchaser

ALTHOUGH AN ORIGINAL OWNER OF REGISTERED LAND MAY SEEK THE ANNULMENT OF A TRANSFER THEREOF ON THE GROUND OF FRAUD, SUCH A REMEDY IS WITHOUT PREJUDICE TO THE RIGHTS OF AN INNOCENT HOLDER FOR VALUE OF A CERTIFICATE OF TITLE.