Practice question
What valuation basis does93 ordinarily use for that contribution?
- The last assessment for taxation purposes
- Only the owner’s highest hoped-for resale price
- Only the buyer’s income
- Only the loan amount
- Only the cost of office supplies
Legal references
- PD1529 Property Registration Decree: https://lawphil.net/statutes/presdecs/pd1978/pd_1529_1978.html Sections93–94, statutory contribution and investment framework; not an all-in registration-fee quotation.
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