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    Loi 705

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    Jerson Carpio
    pd

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    Loi 705

    Uploaded by

    Jerson Carpio
    137 views1 page
    pd

    Original Title

    LOI 705

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    © © All Rights Reserved

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    pd

    Copyright:

    © All Rights Reserved
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    Download as docx, pdf, or txt
    137 views1 page

    Loi 705

    Uploaded by

    Jerson Carpio
    pd

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    LETTER OF INSTRUCTION NO.

    705
    TO: Secretary of Agrarian Reform
    President, Land Bank of the Philippines
    All Concerned

    WHEREAS, the homelot actually occupied by the tenant-farmer beneficiary is considered under
    Section 24 of Republic Act No. 3844, as amended, included in the leasehold and, therefore, is an
    integral part of his farm and is an indispensable factor in his farm operation;

    WHEREAS, the farms transferred or to be transferred to tenant-farmer beneficiaries of the Land


    Transfer Program under Presidential Decree No. 27 usually do not include homelots occupied or
    used by said beneficiaries for residential purposes; and

    WHEREAS, there is now a necessity to issue guidelines for the acquisition and transfer
    of homelots to the tenant-farmer beneficiaries of Presidential Decree No. 27;

    NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, do hereby


    order and direct the transfer of the homelots actually occupied by tenant-farmers who are, or may
    be, beneficiaries of the Land Transfer Program under Presidential Decree No. 27 subject to the
    following guidelines:

    1. If the homelot is located inside or outside the farmlot of the tenant-farmer beneficiary but on
    the same landholding of the landowner, the price of the homelot shall be computed on the basis
    of the price of the farm-lot transferred or to be transferred to such tenant-farmer under the
    provisions of Presidential Decree No. 27. The same rule shall apply if the homelot is
    located in another parcel of land belonging to the same landowner, or in which the same
    landowner has an interest in fee simple, but within reasonable distance or in the vicinity of
    the farmlot transferred to the tenant-farmer beneficiary.

    2. If the homelot occupied by the tenant-farmer beneficiary is far from his farmlot, although
    owned by the same landowner, or even if within the same vicinity of the farmlot but owned by
    another person, the price of the homelot shall be agreed upon between the tenant-farmer and the
    landowner: Provided, That the price shall not be more than the valuation under the pertinent
    provisions of Presidential Decree No. 76, as amended.

    3. In case of disagreement, the Department of Agrarian Reform may, upon written request of the
    tenant-farmer beneficiary, acquire or expropriate said homelot for resale at cost to the latter in
    accordance with the provisions of Republic Act No. 3844, as amended, Presidential Decree No.
    76, Presidential Decree No. 251, as amended, and other applicable pertinent laws.

    4. Pending the acquisition of the homelot, the tenant-farmer shall not be removed, ejected or
    ousted therefrom and his peaceful possession thereof shall be preserved and maintained at all
    times.

    Done in the City of Manila, this 10th day of June in the year of Our Lord, nineteen hundred and
    seventy-eight.

    (SGD.) FERDINAND E. MARCOS


    President of the Philippines

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