SEC. 8. No property acquired by virtue of this Act shall be sold, transferred, mortgaged, or otherwise encumbered within a period of live years from the date full ownership thereof has been vested in the purchaser, without the consent of the Mayor of the City of Manila.
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
CitationRA 4145 Section 8 (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).