National Housing Authority

March 1, 2017 CERTIFICATE OF TAX EXEMPTION NO. 096-17 CERTIFICATE OF TAX EXEMPTION This certifies that the Deeds of Absolute Sale (DOAS) executed by LAK-K BUILDERS CO. and the National Housing Authority (NHA) over the parcels of land described below, to wit: Date of DOAS Name of Landowner Original Certificate of Title Aggregate Area Area Transferred Location of Properties April 26, 2016 LAK-K BUILDERS CO. 040-2015036480 2016004092 2015040732 2015040733 2015040734 2015030547 2016006658 2016006659 2016006660 41,153 sq.m. 13,568 sq.m. (consisting of Three hundred twenty four [324] developed lots) Brgy. Mapulang Lupa, Pandi Bulacan June 28, 2016 LAK-K BUILDERS CO. 040-2015036480 2016004092 2015040732 2015040733 2015040734 2015030547 2016006658 2016006659 2016006660 41,153 sq.m. 12,560 sq.m. (consisting of Three hundred one [301] developed lots) Brgy. Mapulang Lupa, Pandi, Bulacan which will be used for the Pandi Residences 3 Resettlement Project, a socialized housing project of the NHA through its Community Initiative Approach Program (CIAP), are not subject to income tax/capital gains tax/expanded withholding tax, documentary stamp tax and value-added tax (VAT) 1 pursuant to Sections 19 and 20 of Republic Act (RA) No. 7279 and Section 109 (1) (P) of the Tax Code of 1997, as amended. CAIHTE It is, however, understood that this Certificate of Tax Exemption (CTE) is never intended and shall not be construed as giving authority to the concerned Register of Deeds to effect transfer of the land titles in the name of the NHA without the Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, this CTE, together with the documentary requirements provided under RMO No. 15-2003, shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR. Upon application for exemption, a lien on the titles of the lands shall be annotated by the Register of Deeds having jurisdiction over the properties, to the effect that the same are to be applied or are being applied to a socialized housing project pursuant to RA 7279. This Certificate of Tax Exemption is being issued on the basis of the facts and documents as represented and submitted. However, if upon investigation, the BIR ascertains that the facts are different, then this Certificate shall be considered null and void. Issued this 1st day of March, 2017. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. The tax exemption shall cover only the 13,568 sq.m. (consisting of 324 developed lots) and 12,560 sq.m. (consisting of 301 developed lots).