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Philippine Bar review · Question

Practice question: Forfeiture of Real Property

Multiple Choice Medium

Practice question

A taxpayer redeems under Section 215 within the statutory period. Which payment description matches the provision?
  1. Only the land's original purchase price
  2. Only the tax officer's fee
  3. Only one peso
  4. Only half the assessed tax in every case
  5. The full taxes and penalties, with interest and costs of sale as specified

Legal references

  • NIRC Section215, Forfeiture to Government for Want of Bidder; https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html

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