This case has been cited 1 times or more.
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2011-08-24 |
PEREZ, J. |
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| Thus, Presidential Decree (P.D.) No. 1517,[68] as amended by P.D. No. 2016,[69] grants to qualified tenants of land in areas declared as urban land reform zones, the right of first refusal to purchase the same within a reasonable time and at a reasonable price.[70] The same right is accorded by Republic Act No. 7279[71] (Urban Development and Housing Act of 1992) to qualified beneficiaries of socialized housing, with respect to the land they are occupying. Accordingly, in Valderama v. Macalde,[72] Parañaque Kings Enterprises, Inc. v. Court of Appeals,[73] and Conculada v. Court of Appeals,[74] the Supreme Court sustained the tenant's right of first refusal pursuant to P.D. 1517. | |||||