An Act Constituting An Independent Presidential Electoral Tribunal To Try, Hear And Decide Election Contests In The Office Of President And Vice-President Of The Philippines, Appropriating

Batas Pambansa

Batas Pambansa Blg. 25

BATAS PAMBANSA BLG. 25

AN ACT REGULATING RENTALS OF DWELLING UNITS OR OF LAND ON WHICH ANOTHER'S DWELLING IS LOCATED AND FOR OTHER PURPOSES

Section 1. Authority to Increase Rentals. - Upon the effectivity of this Act and for a duration of five years thereafter the monthly rentals of all residential units not exceeding three hundred pesos shall not be increased, for any one year period, by more than ten percent (10%) of the monthly rentals existing at the time of the approval of this Act.

The yearly increases authorized herein shall be cumulative.

Section 2. Definition of Terms. - Unless otherwise indicated wherever in this Act, the following terms shall have the following meaning:

a. Rental - shall mean the amount paid for the use or occupancy of residential units whether payment is made on a monthly or other basis.

b. A residential unit - refers to an apartment, house and/or land which another's dwelling is located used for residential purposes shall include not only buildings, parts or units solely as dwelling...