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Land Bank vs. Paramount Finance Corporation

LAND BANK OF THE PHILIPPINES, PETITIONER, VS. PARAMOUNT FINANCE CORPORATION, RESPONDENT.

G.R. No. 217137 | 2023-01-16

 
D E C I S I O N
 
LEONEN, SAJ.:
 
The Comprehensive Agrarian Reform Program covers "all public and private agricultural lands"[1] unless exempted or excluded. Republic Act No. 6657, Section 10 lists these exemptions, which includes lands "with eighteen percent (18%) slope and over" from compulsory coverage, unless "already developed."[2]

Based on such coverage, the Special Agrarian Court may exercise its judicial function to determine just compensation from the time of taking, and may use alternative methods of computing just compensation when warranted by the circumstances and after...