The city has not legally registered its ownership of eight parcels of land, so there is a risk that other parties could claim them, and the city's rights to these properties are not secure.

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Original Audit Finding Excerpt

"The Transfer Certificates of Title (TCTs) on eight parcels of land with a total land area of more or less 23,085 square meters with a market value totaling ₱20,409,040.00, have still not been transferred to the name of the City, contrary to Section 148 of COA Circular No. 92-386 dated October 20, 1992. Hence, absolute right or legal ownership was not established, exposing the properties to third-party claims."

Source Document