SEC. 3. The appraised market value of the real property to be sold thru public bidding shall be determined by a Board, consisting of three real property appraisers to be constituted by the Committee created under Section two hereof from a list of recommendees submitted by the Philippine Association of Real Estate Appraisers.
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 5169 Section 3 (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).
