Back to Search
JurisprudenceG.R. No. 197674 -

G.R. No. 197674 - LAND BANK OF THE PHILIPPINES, VS. ESPERANZA M. ESTEBAN.

Cited Laws

RA 6657RA 3844,RA 6657,
Share:

TL;DR — Ruling

WHEREFORE, judgment is hereby rendered in favor of the petitioners and against respondents, determining and fixing the just compensations for petitioners' properties, as follows: For Lot No. 2493, subject of Civil Case No. 1514, at P43,327.16 per hectare or a total of P267,907.

Decision

Ruling

WHEREFORE, judgment is hereby rendered in favor of the petitioners and against respondents, determining and fixing the just compensations for petitioners' properties, as follows: For Lot No. 2493, subject of Civil Case No. 1514, at P43,327.16 per hectare or a total of P267,907.83 for the entire 6.1833 hectares; For Lot No. 2665, subject of Civil Case No. 1515, at P18,427.50 per hectare or a total of P168,251.13 for the entire 9.1306 hectares; For Lot No. 2636, subject of Civil Case No. 1516, at P43,327.16 per hectare or a total of P404,632.35 for the entire 9.3390 hectares. Respondent LBP is ordered to pay to petitioners, within fifteen (15) days from finality of this Decision, the aforesaid amounts, the mode of payments of which shall be in accordance with the provisions of Section 18, Chapter VI of RA 6657. No pronouncement as to cost. SO ORDERED.