Unnotarized Deed Binding Effects
Summary
An unnotarized deed of assignment in the Philippines is binding between the parties but lacks the status of a public document, meaning it cannot be registered with the Register of Deeds and may not be admissible in court without further proof. To ensure enforceability, the assignee should have the deed notarized, register it, and gather additional evidence to support its validity if challenged.Full Conversation
What can the assignee do if he has an unnotarized deed of assignment assigning him the property as payment for debt
To ensure the unnotarized deed of assignment is binding and enforceable, the assignee can:
*. Have the deed notarized to give it the status of a public document.
*. Register the notarized deed with the Register of Deeds.
*. Gather additional evidence to prove the validity of the assignment in case it is challenged in court.
Would you like assistance with the notarization process or need more information on registering the deed?