SALES PATENT ON PUBLIC AGRICULTURAL LANDS
Category: Land Titles And Deeds
SALES PATENT ON PUBLIC AGRICULTURAL LANDS
> Governed by Chapter 5 of the Public Land Act
> Any citizen of lawful age or the head of the family may purchase any tract of public agricultural land not to exceed 12 hectares which shall be sold through sealed bidding
> The land shall be awarded to the highest bidder, but the applicant may equal the highest bid
> The purchase price may be paid in full upon the making of the award or in not more than 10 equal annual installments from the date of the award
> It is required that the purchaser shall have not less than 1/5 of the land cultivated within 5 years from the date of the award, and before any patent is issued, he must show actual occupancy, cultivation and improvement of at least 1/5 of the land until the date of final payment
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SALES PATENT ON PUBLIC AGRICULTURAL LANDS
Category: Land Titles And Deeds
SALES PATENT ON PUBLIC AGRICULTURAL LANDS
> Governed by Chapter 5 of the Public Land Act
> Any citizen of lawful age or the head of the family may purchase any tract of public agricultural land not to exceed 12 hectares which shall be sold through sealed bidding
> The land shall be awarded to the highest bidder, but the applicant may equal the highest bid
> The purchase price may be paid in full upon the making of the award or in not more than 10 equal annual installments from the date of the award
> It is required that the purchaser shall have not less than 1/5 of the land cultivated within 5 years from the date of the award, and before any patent is issued, he must show actual occupancy, cultivation and improvement of at least 1/5 of the land until the date of final payment
Related Philippine Law Resources:
Newer Philippine Law Resources:
Additional Law Reading:
Popular in BATASnatin:
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