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PHILIPPINE VETERANS BANK v. BASES CONVERSION DEVELOPMENT AUTHORITY

This case has been cited 1 times or more.

2015-09-08
BRION, J.
In Republic v. Mangotara,[162] citing de Knecht v. CA,[163] the Court held that just compensation is not due to the property owner alone; the term “owner” likewise includes those who have lawful interest in the property such as a mortgagee, a lessee, and a vendee in possession under an executory contract. In Philippine Veterans Bank v. Bases Conversion Development Authority,[164] the Court held that just compensation may be deposited with the court when there are questions regarding the ownership of the expropriated property. In Calvo v. Zandueta,[165] the Court deferred the release of just compensation pending the determination of the ownership of the expropriated property, despite the finality of the order allowing the release of just compensation.