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Just Compensation Case: LBP v. Barrido by SGOD HRD is a document available to read on EtoBox.
What is Just Compensation Case: LBP v. Barrido about?
1) The Supreme Court remanded a case back to the trial court to determine just compensation for expropriated land according to the formula in DAR Administrative Order No. 5. 2) The trial court had used a different formula that averaged the DAR valuation and market value, rather than solely relying on factors like capitalized net income, comparable sales, and market value as declared in the tax forms. 3) The Supreme Court held that trial courts do not have discretion to disregard the mandated formula from
- Author
- SGOD HRD
- Language
- EN