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PD 1473 Section 2

PD 1473 Section 2

Section 2

SEC. 2. The transfer certificates of title of any lot sold by the NHA, or its predecessor-in-interest, under the condition that the buyer shall construct a dwelling house thereon within one year from the execution of the corresponding deed of sale or issuance of the corresponding title thereto, shall similarly be cancelled and revoked without the necessity of court declaration and the ownership thereof reverted to the NHA, if the said condition is violated, provided that the buyer or registered owner of the said lot is given adequate opportunity to comply with the condition or otherwise present proof of just or lawful causes why he was unable to comply therewith, which opportunity shall not be less than ninety days from notice either in writing or by publication in a newspaper of general circulation of such violation; Provided, further, That the buyer or registered owner of the lot is paid compensation therefor in accordance with the next preceding section hereof.

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Other provisions in PD 1473

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 1473 Section 2 (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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