Amending Presidential Decree No. 1190 By Cancelling The Titles Of Lot Purchasers At The Malaya-East Avenue Subdivision, Quezon City, And To Reconvey The Same To The National Housing Authori
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Amending Presidential Decree No. 1190 By Cancelling The Titles Of Lot Purchasers At The Malaya-East Avenue Subdivision, Quezon City, And To Reconvey The Same To The National Housing Authori
Presidential Decree No. 1473
June 11, 1978
Case Overview and Summary
Summary of Presidential Decree No. 1473:Cancellation of Titles and Reversion of Ownership to NHA for Housing Purposes
- Cancels transfer certificates of title (TCTs) of specified lot purchasers in Malaya-East Avenue Subdivision, Quezon City, and reverts ownership to National Housing Authority (NHA) for housing purposes. (Section 1)
- Allows cancellation and reversion of TCTs of any lot sold by NHA or its predecessor PHHC if buyer fails to construct a house within one year, subject to the following conditions: (Section 2)
- Buyer is given at least 90 days' notice to comply or present valid reasons for non-compliance.
- Buyer is paid compensation equal to the lower of the declared market value or the assessor's market value.
- NHA can take immediate possession of reverted lots but cannot demand issuance of new TCT until proof of full payment of compensation is shown. (Section 3)
- NHA is authorized to use or dispose of reacquired lots in accordance with its charter for housing purposes. (Section 4)
Background and Rationale
- State policy to provide housing for less fortunate citizens through government agencies like NHA (formerly PHHC).
- PHHC sold lots in Malaya-East Avenue Subdivision with condition that buyers construct houses within one year, or ownership reverts to PHHC.
- Some buyers violated this condition without valid reasons, defeating the housing objectives.
- Cancellation of titles and reversion to NHA aims to utilize the lots for housing purposes and solve acute housing shortage in Metro Manila.
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Executive Issuances
Presidential Decrees
housing
National Housing Authority
NHA
People's Homesite and Housing Corporation
PHHC
home lots
housing shortage
housing program
housing purposes
transfer certificates of title
compensation
market value
construction of houses
violation of conditions
cancellation of titles
reversion of ownership
notice
opportunity to comply
possession of lots
disposition of lots
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Amending Presidential Decree No. 1190 By Cancelling The Titles Of Lot Purchasers At The Malaya-East Avenue Subdivision, Quezon City, And To Reconvey The Same To The National Housing Authori
Presidential Decree No. 1473
•June 11, 1978
MALACAÑANGM a n i l a
PRESIDENTIAL DECREE No. 1473
AMENDING PRESIDENTIAL DECREE NO. 1190 BY CANCELLING THE TITLES OF LOT PURCHASERS AT THE MALAYA-EAST AVENUE SUBDIVISION, QUEZON CITY, AND TO RECONVEY THE SAME TO THE NATIONAL HOUSING AUTHORITY FOR HOUSING PURPOSES.
WHEREAS, it is a declared policy of the State to help provide homes or homelots for its less fortunate citizens;
WHEREAS, in pursuance of this policy, as well as the constitutional principle of social justice, the State, under its inherent police powers, has established appropriate government agencies with the objective of providing and maintaining adequate and decent housing for the greatest possible number of people, more especially those who may be unable otherwise to provide themselves therewith;
WHEREAS, one of the government agencies established by the State was the People's Homesite and Housing Corporation (PHHC), now abolished and succeeded by the National Housing Authority (NHA);
WHEREAS, the PHHC had acquired large parcels of land in various parts of the country, mostly in Metro Manila, developed and subdivided them into small homelots and thereafter...
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Amends
n/a
Amended by
n/a
Tags
Executive Issuances
Presidential Decrees
housing
National Housing Authority
NHA
People's Homesite and Housing Corporation
PHHC
home lots
housing shortage
housing program
housing purposes
transfer certificates of title
compensation
market value
construction of houses
violation of conditions
cancellation of titles
reversion of ownership
notice
opportunity to comply
possession of lots
disposition of lots
MALACAÑANGM a n i l a
PRESIDENTIAL DECREE No. 1473
AMENDING PRESIDENTIAL DECREE NO. 1190 BY CANCELLING THE TITLES OF LOT PURCHASERS AT THE MALAYA-EAST AVENUE SUBDIVISION, QUEZON CITY, AND TO RECONVEY THE SAME TO THE NATIONAL HOUSING AUTHORITY FOR HOUSING PURPOSES.
WHEREAS, it is a declared policy of the State to help provide homes or homelots for its less fortunate citizens;
WHEREAS, in pursuance of this policy, as well as the constitutional principle of social justice, the State, under its inherent police powers, has established appropriate government agencies with the objective of providing and maintaining adequate and decent housing for the greatest possible number of people, more especially those who may be unable otherwise to provide themselves therewith;
WHEREAS, one of the government agencies established by the State was the People's Homesite and Housing Corporation (PHHC), now abolished and succeeded by the National Housing Authority (NHA);
WHEREAS, the PHHC had acquired large parcels of land in various parts of the country, mostly in Metro Manila, developed and subdivided them into small homelots and thereafter...
Login to see full content