Act No. 2874 Section 28

Section 28

SEC. 28. The purchase price shall be paid as follows: The balance of the purchase price after deducting the amount aid at the time of submitting the bid, may be paid in full upon the making of the award, or in five annual installments from the date of the award.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER V.—Sale. →

Other provisions in CHAPTER V.—Sale.

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 2874 Section 28 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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