Nature

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1. What is the basic role of the Assurance Fund under PD 1529?
2. Under Section 94, who keeps the money paid into the Assurance Fund?
3. Under Section 99, what follows when the National Treasurer makes payment in accordance with the Assurance Fund provisio…
4. A claimant says the Assurance Fund must reimburse an ordinary decline in a property's market price, without any qualify…
5. After a proper Assurance Fund payment, the government enforces the rights to which it became subrogated and recovers mo…
6. A competent court enters a proper compensation judgment under the Assurance Fund provisions. The Fund is insufficient t…
7. A qualifying compensation claim has resulted in a proper payment from the Assurance Fund. A responsible third party arg…
8. Explain why the existence of the Assurance Fund does not mean that every holder of a Torrens title automatically receiv…
9. A claimant calls an Assurance Fund payment a gift that leaves the government with no rights against responsible parties…
10. Describe the custody of Assurance Fund contributions under Section 94 and the statutory response under Section 98 if a …
11. Under93’s statutory formula, the Assurance Fund contribution rate is what?
12. What valuation basis does93 ordinarily use for that contribution?