Back

The Heirs of Spouses Domingo Tria Vs. Land Bank of the Philippines and Department of Agrarian Reform [Separate Opinion, J. Leonen]

THE HEIRS OF THE SPOUSES DOMINGO TRIA and CONSORCIA CAMANO TRIA, Petitioners vs. LAND BANK OF THE PHILIPPINES and DEPARTMENT OF AGRARIAN REFORM, Respondents. [Separate Opinion, J. Leonen]

G.R. No. 170245 | 2013-07-01

THIRD DIVISION 

SEPARATE OPINION

LEONEN, J.:

I maintain my position that the value for purposes of just compensation should be the fair market value at the time of the taking but the amount to be paid must be the present value of the amount that should have been paid. The amount to be paid must therefore take into consideration inflation, among other petiinent factors. This is what is meant by the various cases cited in the ponencia that the amount to be given is the value of the property "at the time the payment is made." 1 

The concept of just compensation in agrarian reform is the same as just compensation in all types of...