Practice question
A local assessor proposes using only selected bank opinions and ignoring PVS because local autonomy permits any convenient valuation method. Evaluate under RA 12001 and the main decision in Pisón.
Legal references
- RA12001, Sections13–18 and38: https://lawphil.net/statutes/repacts/ra2024/ra_12001_2024.html
- RA12001 IRR: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/101194
- Pisón v. City of Iloilo, GR272170, January28 2026, main decision: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/1/70361
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