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Philippine Bar review · Question

Practice question: Appraisal and Assessment (See also RA 12001)

Multiple Choice Easy Jurisprudence

Practice question

Under RA 12001 Section 16, who certifies that a proposed schedule of market values complies with the latest PVS?
  1. The largest landowner
  2. The Secretary of Finance
  3. The barangay captain alone
  4. The taxpayer's lender
  5. The private real-estate broker chosen by the mayor

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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