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JurisprudenceG.R. No. 176692 -

G.R. No. 176692 - LAND BANK OF THE PHILIPPINES, VS. VERONICA ATEGA NABLE.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 543RA 454,RA 31RA 137RA 67RA 305,RA 226,RA 627,RA 727,RA 60,RA 6657,RA 108RA 441,RA 117,RA 504,RA 305RA 537,RA 301,RA 198,RA 138,
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TL;DR — Ruling

WHEREFORE, in the light of the foregoing consideration, this Court hereby renders judgment ordering the public defendants to pay the following: a) The total amount of P26,523,180.00 for the land and improvements; b) The 6% interest based on the total amount as Just Compensation to be reckoned at the time of taking that is January 1993; c) Commissioner’s fee in the amount of P25,000.

Decision

Ruling

WHEREFORE, in the light of the foregoing consideration, this Court hereby renders judgment ordering the public defendants to pay the following: a) The total amount of P26,523,180.00 for the land and improvements; b) The 6% interest based on the total amount as Just Compensation to be reckoned at the time of taking that is January 1993; c) Commissioners fee in the amount of P25,000.00; d) Attorneys Fee which is 10% percent of the total amount awarded as Just Compensation; and e) Litigation expenses. SO ORDERED.