Things you need to know about Affidavit of Loss of Title.

1. What is an Affidavit of Loss of Certificate of Title?

An Affidavit of Loss of Certificate of Title is a written statement under oath where a person (the “affiant”) declares the physical loss of a Certificate of Title of certain property. In short, it means the Certificate of Title is lost and can no longer be found. The loss can be due to inadvertent misplacement, theft, destruction by fire, flood or other means. 

2. When do you need an Affidavit of Loss of Certificate of Title? 

An Affidavit of Loss of Certificate of Title is usually required when the owner wants to have the lost Certificate of Title replaced with a new one. In practice, government institutions require, among others, an Affidavit of Loss of Certificate of Title before issuing a replacement. 

3. What information do you need to create the Affidavit of Loss of Certificate of Title?

To create your Affidavit of Loss of Certificate of Title you’ll need the following minimum information:

1. The affiant’s name and details (i.e. nationality and address)
2. Brief description of the lost Certificate of Title 
3. Brief explanation of how the Certificate of Title was lost
4. The purpose why you are executing the Affidavit of Loss of Certificate of Title

4. How much is the document?

The document costs PhP 350 for a one-time purchase.

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