Definition of Terms and Classification of Legend

April 26, 1996 ZONAL VALUATION REVENUE DISTRICT OFFICE NO. 28 NOVALICHES, QUEZON CITY 1996 REVISED ZONAL VALUES OF REAL PROPERTIES IN NOVALICHES UNDER REVENUE DISTRICT OFFICE NO. 28 FOR INTERNAL REVENUE TAX PURPOSES 1. APPROVAL BY THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION APRIL 26, 1996 2. PUBLIC HEARING JANUARY 15, 1996 3. APPROVAL BY THE EXECUTIVE COMMITTEE ON REAL PROPERTY VALUATION APRIL 26, 1996 4. DEPARTMENT ORDER NO. 67-96 APRIL 26, 1996 IMPLEMENTING THE REVISED ZONAL VALUES OF REAL PROPERTIES IN THE REVENUE DISTRICT NO. 28 NOVALICHES (3RD REVISION). 5. PUBLICATION IN THE GENERAL CIRCULATION 6. EFFECTIVITY DATE 15 DAYS AFTER DATE OF CIRCULATION OF A NEWSPAPER THE SECRETARIAT, TCRPV REAL PROPERTY VALUATION UNDER MINISTRY ORDER NO. 21-86 (AS AMENDED BY DEPARTMENT ORDER NO. 13-89) (AS FURTHER AMENDED BY DEPARTMENT ORDER 11-92) EXECUTIVE COMMITTEE CHAIRMAN HON. LIWAYWAY VINZONS-CHATO COMMISSIONER OF INTERNAL REVENUE BUREAU OF INTERNAL REVENUE MEMBERS DCIR BEETHOVEN L. RUALO DEPUTY COMMISSIONER BUREAU OF INTERNAL REVENUE ATTY. DOMINADOR L. GALURA ASSISTANT COMMISSIONER (ASSESSMENT SERVICE) CHAIRMAN, TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION MS. LORINDA M. CARLOS EXECUTIVE DIRECTOR BUREAU OF LOCAL GOVERNMENT FINANCE DEPARTMENT OF FINANCE MR. VICENTE G. QUINTOS EXECUTIVE DIRECTOR NATIONAL TAX RESEARCH CENTER MR. QUIRINO B. BATERNA REPRESENTATIVE INSTITUTE OF PHIL. REAL ESTATE APPRAISERS (IPREA) MR. RAMON P. TIOSECO REPRESENTATIVE PHIL. ASSOCIATION OF REALTORS BOARD (PAREB) CONSULTANTS MR. ERNESTO C. MENDIOLA COMMISSIONER, HOUSING AND LAND USE REGULATORY BOARD (HLRB) MR. JOSE G. SOLIS ADMINISTRATOR, NATIONAL MAPPING & RESOURCE INFORMATION AUTHORITY (NAMRIA) JUDGE REYNALDO Y. MAULIT ADMINISTRATOR LAND REGISTRATION AUTHORITY (LRA) MR. ROBERT ANTHONY P. BALAO GENERAL MANAGER NATIONAL HOUSING AUTHORITY (NHA) REAL PROPERTY VALUATION UNDER MINISTRY ORDER NO. 20-86 (AS AMENDED BY DEPARTMENT ORDER NO. 12-89) (AS FURTHER AMENDED BY DEPARTMENT ORDER 10-92) TECHNICAL COMMITTEE CHAIRMAN ATTY. DOMINADOR L. GALURA ASSISTANT COMMISSIONER (ASSESSMENT SERVICE) CHAIRMAN, TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION BUREAU OF INTERNAL REVENUE MEMBERS ATTY. ESPERANZA B. TEE CHIEF, ASSET VALUATION DIVISION BUREAU OF INTERNAL REVENUE ENG. SANTIAGO F. SOTELO CHIEF, REAL PROPERTY ASSESSMENT EXAMINATION DIVISION DEPARTMENT OF FINANCE MS. CECILIA R. QUIDAYAN CHIEF, SPECIAL RESEARCH AND TECHNICAL SERVICES NATIONAL TAX RESEARCH CENTER MR. FELIPE M. BUENCAMINO REPRESENTATIVE PHIL. ASSOCIATION OF REALTORS BOARD (PAREB) MR. VICTOR T. SALINAS REPRESENTATIVE INSTITUTE OF PHIL. REAL ESTATE APPRAISERS (IPREA) AND CHAMBER OF REAL ESTATE AND BUILDERS ASSOCIATION (CREBA) CONSULTANTS ATTY. ALICIA TOMACRUZ CHIEF, LEGISLATIVE RULING & RESEARCH DIVISION BUREAU OF INTERNAL REVENUE MRS. BELEN G. CENIZA PROGRAM COORDINATOR HOUSING & LAND USE REGULATORY BOARD (HLRB) COL. JOHN TAYAMEN CHIEF, PHOTOGRAPHMETRY DIVISION NATIONAL MAPPING & RESOURCE INFORMATION AGENCY (NAMRIA) ATTY. JOSE VILLANEA DEPARTMENT MANAGER NATIONAL HOUSING AUTHORITY (NHA) ATTY. CORAZON RUIZ-ABAD REPRESENTATIVE LAND REGISTRATION AUTHORITY (LRA) SECRETARIAT ASSET VALUATION DIVISION BUREAU OF INTERNAL REVENUE STAFF: MR. EMMANUEL E. ACUNA ASSISTANT DIVISION CHIEF ASSET VALUATION DIVISION MS. EPIFANIA A. RECANA SECTION CHIEF MS. RUPERTINA ROSEMARIE E. MERCADO REVENUE OFFICER III MISS EDNA C. SAMSON REVENUE OFFICER III MS. MARIA FE P. TEVES COMPUTER OPERATOR I DEFINITION OF TERMS RESIDENTIAL LAND/BUILDING PRINCIPALLY DEVOTED TO HABITATION. COMMERCIAL LAND/BUILDING DEVOTED PRINCIPALLY TO COMMERCIAL PURPOSES AND GENERALLY FOR THE OBJECT OF PROFIT. INDUSTRIAL DEVOTED PRINCIPALLY TO INDUSTRY AS CAPITAL. AGRICULTURAL DEVOTED PRINCIPALLY TO RAISING OF CROP SUCH AS RICE, CORN, SUGARCANE, TOBACCO, ETC. OR TO PASTURING, DAIRYING, INLAND FISHING, SALT-MAKING AND OTHER AGRICULTURAL USES INCLUDING TIMBERLAND AND FOREST LAND. GENERAL PURPOSE RAWLAND, UNDEVELOPED AND UNDERDEVELOPED AREA WHICH HAS POTENTIAL FOR DEVELOPMENT INTO RESIDENTIAL, COMMERCIAL, INDUSTRIAL, INSTITUTIONAL, ETC. VICINITY MEANS AN AREA, LOCALITY, NEIGHBORHOOD OR DISTRICT ABOUT, NEAR, ADJACENT PROXIMATE OR CONTIGUOUS TO A STREET BEING LOCATED. CLASSIFICATION LEGEND: RR RESIDENTIAL REGULAR I INDUSTRIAL CR COMMERCIAL REGULAR X INSTITUTIONAL RC RESIDENTIAL CONDOMINIUM GL GOVERNMENT LAND CC COMMERCIAL CONDOMINIUM GP GENERAL PURPOSE APD AREA FOR PRIORITY A AGRICULTURAL LAND DEVELOPMENT A1 IRRIGATED RICELAND A2 UNIRRIGATED RICELAND A3 CORNLAND A4 LOWLAND, PARANG, UPLAND Certain Guidelines in the Implementation of Zonal Valuation of Real Properties for RDO No. 28 Novaliches (Formerly RDO No. 30 North, Quezon City) 1. No previous sale of property of a particular classification. Where in the approved listing of zonal values, no zonal value has been prescribed for a particular other classification of real property, the zonal value prescribed for the same class of real property located in the adjacent barangay of similar conditions shall be used. 2. No previous sale of property of any classification. In a barangay where no sale, exchange or other disposition of land has been effected, the approved zonal value of a similarly situated property in an adjacent barangay of similar conditions, shall be used. 3. No previous sale of property in a particular street(s) within the same barangay. Where a street in any barangay does not appear in the list of streets with approved zonal land values, the approved zonal values of lands with the same classification in the other streets within the same vicinity in the barangay shall apply.