Reference2025 Citizen’s Charter · PDF pages 433–434

Responsible officeOFFICE OF THE CITY ASSESSOR

From the city’s published source · Checked Oct 21, 2026

This page brings the published information into this portal. For the complete original layout, attachments or later updates, open the official source.

Open original source

View original document at this PDF page

Read the original PDF layout here

The original document opens below when this panel is expanded. The full handbook is about 55 MB. You can also use the document button above.

Read searchable source text: requirements, steps and published details

This transcription supports reading and search. Use the original PDF for table-column alignment, signatures, symbols and footnotes.

Published 2025 Citizen’s Charter transcription. Table columns, qualifications, footnotes, fees and processing-time conditions must be read in the original PDF layout; no new requirement or guaranteed duration is inferred here.

PDF page 433 (handbook page 432)
1
6. Annotation And Cancellation Of Mortgage
This service pertains to cancellation or annotation of mortgage. Mortgage cancellation
typically means that a lender has cancelled, or forgiven, the debt owed by the borrower. It is
more common for a lender to cancel part of the remaining mortgage debt as part of a debt
consolidation or restructuring process.
Office or Division: Office of the City Assessor
Classification: Annotation and Cancellation of Mortgage
Type of Transaction: Simple Transaction
Who may avail: Taxpayers/Clients
CHECKLIST OF REQUIREMENTS WHERE TO SECURE
- Tax Declaration
- Tax clearance (updated)
- Photocopy of Title
- Release of Mortgage and Mortgage Windows 1 to 3 Office of the City Assessor
Agreement
- Identification Cards
- SPA / Authorization Letter if
representative
- Secretary’s certificate
AGENCY FEES TO BE PROCESSING PERSON
CLIENT STEPS
ACTIONS PAID TIME RESPONSIBLE
1. Receive and Office of the 1/8 of 1% of 10 minutes Norlita P.
Review City Assessor amount in Descalso
documents conside-ration Assessment
Clerk III
2. Issue order 2 minutes Norlita P.
of payment Descalso
Assessment
Clerk III
3. Encode for annotation 10 minutes Norlita P.
Annotation fee Descalso
Assessment
Clerk III
4. Review Tax P60.00 for 5 minutes Norlita P.
Dec with cancellation of Descalso
Annotation mortgage Assessment
Clerk III
5. Approve and 15 minutes Nelda S. Moral
Sign tax REA
declaration with City Assessor
annotation
432

PDF page 434 (handbook page 433)
1
6. Release 5 minutes Norlita P.
Owner’s Copy Descalso
of Notice of Assessment
Clerk III
Cancellation
and transmit the
same to
Treasurer’s
Office
End of TOTAL: 45 Minutes
Process:
433