OUR MISSION

Real property ownership is admittedly the most sought goal in the hierarchy of human needs. Neither can it be eaten nor cover your body. But it can provide your food to fill your stomach and your clothes to keep you warm. A source of income that can buy what you need. It can serve as your life's material security and stability over which you build your home, or by which you can obtain the needed business capital by mortgaging or selling it. Or perhaps it can be something of sentimental value or part of a family heritage where money is not a consideration.

Simply put, viewed from a practical perspective, real property is synonymous to this "material world". It is essentially, wealth. People work and even die for it. Wars have been won or lost due to claims over territory. Relationships are built or destroyed because of land disputes or settlement.

Government has several departments focused on protecting and preserving its patrimony or natural resources, and the country's territory; registering it for private ownership by corporations and individuals; distributing it as part of agrarian reform; financing and utilizing it for housing, agricultural and industrial uses; or revenue generation, among others.

Real property is measured by metes and bounds. The boundaries are important in ownership. They must basically be precise and identifiable. They should not encroach on each other lest there be a dispute or controversy.

Ownership must be clearly established with due consideration to legal titles and rights. Tax and contractual obligations must be updated or settled. For it to have further value, it must be clean. This means it can freely disposed of free from any lien or encumbrance.

Transactions dealing with realty are actually complex and completed. Even realty practitioners would have different and sometimes irreconcilable views or approaches to the same problem or situation.

Thus, laws have been passed, rules were formulated, decisions handed down, realty organizations are gearing toward integration, realty practice are being professionalized and regulated, and government agencies concerned are placed under an umbrella institution.

It is the intention of Metes & Bounds to provide a "one-click & one-site" online reference to realty matters as a public service. The end in view is to create an awareness among realty stakeholders and simplify the otherwise complicated terms about then and recent practices.