Practice question
For that assessed-value real-property comparison, are claimed attorney's fees and damages added to the assessed value?
- Yes; every damage demand automatically becomes assessed realty value.
- Only the lawyer may select the threshold.
- No; the statutory comparison excludes the specified additions.
- The property's assessed value is never relevant.
- All litigation expenses necessarily are land.
Legal references
- RA11576 Sections1-2, current assessed-value allocation: https://lawphil.net/statutes/repacts/ra2021/ra_11576_2021.html
Answer this question in flashcards to review your response and continue practicing.