Practice question
An agency took land years before filing suit. The owner seeks today’s price solely because the court is deciding now, while the agency seeks an arbitrary nominal amount. No different special valuation rule is established. Which is best?
- Identify the legally relevant taking date and apply the governing valuation standard, not either party’s arbitrary preference
- Judgment date always controls regardless of taking
- The agency may choose any nominal price
- The owner’s current asking price is necessarily conclusive
- Earlier occupation means compensation is waived
Legal references
- Rule67 Section4: https://lawphil.net/courts/rules/rc_1-71_civil.html
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