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JurisprudenceG.R. No. 157206 -

G.R. No. 157206 - LAND BANK OF THE PHILIPPINES, VS. SPOUSES PLACIDO ORILLA AND CLARA DY ORILLA.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 537,RA 6657,RA 6657RA 582,RA 117,RA 401,RA 343,
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TL;DR — Ruling

WHEREFORE, judgment is hereby rendered fixing the just compensation of the land of petitioner subject matter of the instant action at P7.00 per square meter, as only prayed for, which shall earn legal interest from the filing of the complaint until the same shall have been fully paid. Furthermore, respondents are hereby ordered to jointly and solidarily indemnify the petitioners their expenses for attorney's fee and contract fee in the conduct of the appraisal of the land by a duly licensed real…

Decision

Ruling

WHEREFORE, judgment is hereby rendered fixing the just compensation of the land of petitioner subject matter of the instant action at P7.00 per square meter, as only prayed for, which shall earn legal interest from the filing of the complaint until the same shall have been fully paid. Furthermore, respondents are hereby ordered to jointly and solidarily indemnify the petitioners their expenses for attorney's fee and contract fee in the conduct of the appraisal of the land by a duly licensed real estate appraiser Angelo G. Fajardo of which petitioner shall submit a bill of costs therefor for the approval of the Court. SO ORDERED.