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Land Bank of the Philippines Vs. Veronica Atega Nable

LAND BANK OF THE PHILIPPINES, Petitioner, - versus - VERONICA ATEGA NABLE, Respondent.

G.R. No. 176692 | 2012-06-27

D E C I S I O N

BERSAMIN, J.:

Land Bank of the Philippines (LBP) hereby assails the amount of P26,523,180.00 as just compensation for the taking of landowner Veronica Atega Nable's landholding pursuant to the Comprehensive Agrarian Reform Program (CARP) determined by the Regional Trial Court (RTC) as Special Agrarian Court (SAC) and affirmed by the Court of Appeals (CA).

Antecedents

Veronica Atega Nable (Nable) was the sole owner of a landholding consisting of three contiguous agricultural lots situated in Barangay Taligaman, Butuan City and covered by Original Certificate of Title (OCT) No. P-5 whose total area aggregated to 129.4615...