Extending the Effectivity of B.P. Blg. 877 Re: Regulation of Rentals of Residential Units
Republic Act No. 6643, enacted on December 28, 1987, extends the effectivity of Batas Pambansa Blg. 877 for an additional two years, from January 1, 1988, to December 31, 1989. This Act aims to stabilize and regulate the rental of certain residential units, allowing a maximum cumulative rental increase of 20% for each year of the extension. The law takes effect on January 1, 1988, following publication in a widely circulated newspaper.
Law Information
- Reference Number
- Republic Act No. 6643
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
December 28, 1987
REPUBLIC ACT NO. 6643
AN ACT EXTENDING THE EFFECTIVITY OF BATAS PAMBANSA BLG. 877, ENTITLED "AN ACT PROVIDING FOR THE STABILIZATION AND REGULATION OF RENTALS OF CERTAIN RESIDENTIAL UNITS AND FOR OTHER PURPOSES," FOR ANOTHER TWO YEARS
The effectivity of Batas Pambansa Blg. 877, entitled "An Act Providing for the Stabilization and Regulation of Rentals of Certain Residential Units and for Other Purposes," is hereby extended for another two years for the period January 1, 1988 to December 31, 1989: Provided, That the allowable maximum increase for the two-year period shall not be more than twenty percent (20%) for the first year and not more than twenty percent (20%) for the second year; which increases shall be cumulative and compounded. cd
SECTION 2. This Act shall take effect on January 1, 1988, following its publication in at least one newspaper of general circulation.
Approved: December 28, 1987
Published in the Official Gazette, Vol. 84 No. 7 page 761 on February 15, 1988.
Cite This Law
Extending the Effectivity of B.P. Blg. 877 Re: Regulation of Rentals of Residential Units, Republic Act No. 6643, Dec 28, 1987 (Philippines)
Extending the Effectivity of B.P. Blg. 877 Re: Regulation of Rentals of Residential Units, Republic Act No. 6643 (Phil. 1987)
Related Laws
- Extending the Effectivity of B.P. Blg. 877 (Rental Regulation Act)Republic Act No. 6828 • Dec 30, 1989 • Statutes
- Extending the Rent Control Period for Residential UnitsRepublic Act No. 7644 • Dec 28, 1992 • Statutes
- Extending the Rent Control Period for Certain Residential UnitsRepublic Act No. 8437 • Dec 22, 1997 • Statutes
- Extending the Effectivity of B.P. Blg. 25Batas Pambansa Blg. 867 • Dec 28, 1984 • Statutes
- Rent Control LawBatas Pambansa Blg. 877 • Jun 12, 1985 • Statutes
- Regulating the Rentals for Dwelling UnitsRepublic Act No. 6126 • Jun 17, 1970 • Statutes
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