Appraiser Rodel Revilla

RA 12289 or ARROW was just signed by the President. Kapag na-expropriate ang property mo para gawing right-of-way, ang i-o-offer sa’yo ng gobyerno ay ang scheduled fair market value under R.A. 12001, na na-sign into law last year at ongoing na ang implementation. Ibig sabihin, ang ibabayad sa’yo ay ‘yong halagang nakalagay sa tax declaration ng property. Wala na yong zonal value. Article 3, Section 9 of the 1987 Constitution clearly says “no private property shall be taken without just compensation.”

The question now is this:
‘Yong values ba sa tax dec ay fair and just to the owner?
Maybe yes, maybe no, depende kung na-implement ng ang RA12001, updated ang value sa tax declaration ng property at acceptable sa’yo ang offer.

Kung tingin mo hindi ito “just compensation,” you can refuse the offer and bring the matter to court. The Constitution is superior to RA 12289 and RA 12001. Hindi mo mapipigilan ang gobyerno sa pag-expropriate ng property mo for public use, pero pwede mong ipaglaban ang karapatan mo to receive just compensation.

Ayon sa mga jurisprudence ng Supreme Court, just compensation = fair market value at the time of taking + legal/economic interest.
Kaya kung tatagal ang proseso at matagal magbayad ang gobyerno, may interest pa on top of the FMV during the time of taking.

Huwag malito. Ang Scheduled Fair Market Value ay ‘yong values na ginagawa ng gobyerno bilang basis for taxation; dito kinukuha ang halagang inilalagay sa tax declaration ng property. Check your tax declaration, makikita mo doon ang mga numbers na ‘yan, at yan rin ang basehan sa pag-compute ng Assessed Value o Taxable Value at ng annual real property tax mo. Iba ‘yon sa actual o true market value na ina-arrive ng isang appraiser kapag ina-appraise nila ang tunay na halaga ng property mo, based on real market evidence, recent comparable sales, site conditions, improvements, at current economic trends.

See you tomorrow Manila.

Property owners, importante na ma-appraise and ma-insure ang inyong mga properties. Protect your investment.