Practice question
An ordinary title action filed in 2026 concerns land assessed at PHP350,000 but with a market value of PHP8 million. It is not an ejectment or specially assigned action. Which valuation governs the BP129 real-property jurisdiction test?
- The plaintiff's desired selling price.
- The property's insured value.
- The market value of PHP8 million.
- The amount of the defendant's income.
- The assessed value of PHP350,000, placing the case within first-level jurisdiction.
Legal references
- https://lawphil.net/statutes/repacts/ra2021/ra_11576_2021.html — RA11576 §§1–4 amending BP129.
- https://sc.judiciary.gov.ph/sc-issues-rules-on-expedited-procedures-in-the-first-level-courts/ — Supreme Court, March2 2022, AM08-8-7-SC summary of current expedited procedures.
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