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PD 1261 Section 7

PD 1261 Section 7

Section 7

SECTION 7. Notwithstanding any provision of law or decree to the contrary and for the purpose of expropriating the Tatalon Estate only, the compensation for the property herein expropriated is hereby pegged at the owner's declaration of its value as of 1973 pursuant to Presidential Decree No. 76. A minimum of 30% shall be deducted from this amount to account for the prevalence of squatters in the area and for the lack of development of some portions. The resulting balance amount shall be payable to the former owners within a period of 5 years in 5 equal installments.

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Other provisions in PD 1261

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

CitationPD 1261 Section 7 (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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