Beruflich Dokumente
Kultur Dokumente
- Yes. Under Section 4 of Republic Act No. 8974, the implementing agency must, upon
filing of the expropriation complaint, immediately pay the property owner an
amount equivalent to 100% of the value of the property based on the current
relevant zonal valuation by the Bureau of Internal Revenue and the value of any
improvements or structure on a replacement cost method. The law further
mandates that courts may issue a Writ of Possession only upon the presentation by
the implementing agency of a certificate of availability of funds.
- There is no need for the determination with reasonable certainty of the final amount
of just compensation before the writ of possession may be issued.
- Any payment made by the Republic as to the expropriated property's provisional
value is not equivalent to the payment of the present fair market value of the
property. It only serves- as a pre-payment so that the government may take
possession of the property. Moreover, the value need not be judicially determined;
rather, the value has already been set by the current relevant zonal value of the area
as classified by the Bureau of Internal Revenue.
This pre-payment must also be paid immediately to the owner of the property
before a Writ of Possession may be issued.