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JurisprudenceG.R. No. 244213 -

G.R. No. 244213 - LAND BANK OF THE PHILIPPINES, VS. MILAGROS DE JESUS­MACARAEG.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 6657RA 6657,
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TL;DR — Ruling

the petition is PARTLY GRANTED .

Decision

Ruling

ACCORDINGLY , the petition is PARTLY GRANTED . The Decision dated February 15, 2018 and Resolution dated January 9, 2019 in CA-G.R. SP No. 06849-MIN are AFFIRMED with MODIFICATION . The just compensation for respondent's property is fixed at P777,880.40 . The difference between this final amount and the initial deposit of P472,382.33 shall earn twelve percent (12%) legal interest per annum from March 3, 2003 until June 30, 2013, and six percent (6%) legal interest per annum from July 1, 2013 until fully paid. SO ORDERED.