Practice question
Which property valuation is specified for the Rule 141 real-property criterion?
- The owner’s preferred sentimental value.
- Only assessed value, regardless of fair market value.
- Fair market value as stated in the current tax declaration.
- The lawyer’s unpaid fees.
- The neighboring lot’s advertised price alone.
Legal references
- Rules of Court, Rule 3, Section 21, as amended: https://lawphil.net/courts/rules/am_19-10-20-sc_2019.html
- Manila Electric Company v. Argentera, G.R. Nos. 224729 and 225049, February 8, 2021, indigency discussion and Rule 141, Section 19: https://lawphil.net/judjuris/juri2021/feb2021/gr_224729_2021.html
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