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Act No. 2874 Section 62

Section 62

SEC. 62. The sale of the lands comprised in class (d) of section fifty-six shall, among others, comprise the following conditions: (a) The purchaser shall make improvements of a permanent character appropriate for the purpose for which the land is purchased, and shall commence work thereon within six months from the date of the purchase; otherwise the Secretary of Agriculture and Natural Resources may, upon recommendation by the Secretary of Commerce and Communications, rescind the contract. (b) The purchase price shall be paid cash down. The contract of sale may contain other conditions not inconsistent with the provisions of this Act.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER IX.—Classification and concession of public lands →

Other provisions in CHAPTER IX.—Classification and concession of public lands

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 62 (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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