Sale of Lots from Tondo Foreshore Land
Republic Act No. 559, enacted on June 17, 1950, authorizes the sale of lots in the Tondo Foreshore Land to current lessees or bona fide occupants, provided they do not own residential lots in Manila, Quezon, or Rizal. The sale is exempt from public bidding and is limited to one lot per person, with prices set between five and ten pesos per square meter. Buyers have ten years to pay for the lots in installments, with restrictions on encumbrance or alienation for the first five years. The Act stipulates that any violations will result in property reversion to the government, and upon the death of a purchaser, rights and obligations are passed to their immediate family.
Quick Answers
- What is Sale of Lots from Tondo Foreshore Land about?
- Republic Act No. 559, enacted on June 17, 1950, authorizes the sale of lots in the Tondo Foreshore Land to current lessees or bona fide occupants, provided they do not own residential lots in Manila, Quezon, or Rizal. The sale is exempt from public bidding and is limited to one lot per person, with prices set between five and ten pesos per square meter. Buyers have ten years to pay for the lots in installments, with restrictions on encumbrance or alienation for the first five years. The Act stipulates that any violations will result in property reversion to the government, and upon the death of a purchaser, rights and obligations are passed to their immediate family.
- What type of law is Republic Act No. 559?
- Sale of Lots from Tondo Foreshore Land (Republic Act No. 559) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Sale of Lots from Tondo Foreshore Land enacted?
- Sale of Lots from Tondo Foreshore Land (Republic Act No. 559) was enacted on Jun 17, 1950.
- What is the citation for Sale of Lots from Tondo Foreshore Land?
- Sale of Lots from Tondo Foreshore Land, Republic Act No. 559, Jun 17, 1950 (Philippines)
Law Information
- Reference Number
- Republic Act No. 559
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 17, 1950
REPUBLIC ACT NO. 559
AN ACT PROVIDING FOR THE SALE OF LOTS COMPRISED IN THE TONDO FORESHORE LAND TO LESSEES OF SAID LOTS OR TO BONA FIDE OCCUPANTS THEREOF
SECTION 1. Notwithstanding the provisions of "The Public Land Act," as amended, the Director of Lands, under the direction of the Secretary of Agriculture and Natural Resources, is hereby authorized and directed to sell without delay and without the necessity of public bidding all the lots in the district of Tondo, City of Manila, known as the "Tondo Foreshore Land" except such portions thereof as may be reserved for port facilities, roads, and other public uses, to the lessees of said lots or to the bona fide occupants thereof at the time of the approval of this Act if duly qualified to acquire public land, or, in the case of vacant lots, to persons who are not disqualified to acquire public lands: Provided, That such lessees, occupants or persons do not own any residential lot in the cities of Manila, Quezon and Rizal or their suburbs.
No person shall be entitled to purchase more than one lot, and any person who purchases a lot in behalf of another who is not qualified as hereinabove provided to acquire a lot in the "Tondo Foreshore Land" shall lose his rights and interests in the land and forfeit all amounts paid on account of said land.
The selling price of each lot shall be fixed by a committee composed of the City Assessor, a representative of the Bureau of Lands, and a representative of the "Tondo Foreshore Land Tenants Association," but in no case shall such selling price be less than five pesos nor more than ten pesos per square meter. cd i
SECTION 2. The purchasers shall be allowed ten years from the date of purchase within which to pay the purchase price in ten equal annual installments, with annual interests at the rate of four per centum on all installments due and payable. They may also pay the price in cash or more than one installment at one time.
SECTION 3. Lands acquired under this Act shall not, except in favor of the Government or any of its branches or institutions, or legally constituted banking corporations, be subject to encumbrance or alienation before five years after the date of the issuance of the transfer certificate of title to the purchaser, nor shall they become liable to the satisfaction of any debt contracted prior to the expiration of said period.
Every conveyance shall be subject to repurchase by the original purchaser or his legal heirs within a period of five years from the date of the conveyance.
SECTION 4. Any contract or agreement made or executed in violation of this Act shall cause the reversion of the property and its improvements and the forfeiture of all payments made on account of the purchase price thereof to the Government.
SECTION 5. In the event of the death of a purchaser prior to the complete payment of the price of the lot purchased by him, his widow and children shall succeed in all his rights and obligations with respect to his lot. In the event said purchaser or his successors in interest should fail to pay two or more installments on the purchase price and the interest thereon or on any installment, when and as the same mature, it shall be the duty of the Director of Lands at once to bring suit for the recovery of such installments and interest due, or for the total amount of the purchase price unpaid, with interest thereon and also to enforce the lien of the Government against the lot by selling the same in the manner provided by law for the foreclosure of mortgages: Provided, That only persons who do not own any residential lot in the cities of Manila, Quezon, Rizal, or their suburbs and are qualified to acquire public lands, can take part in the sale by auction. In the event of such sale the purchaser at such sale shall acquire a good and indefeasible title. acd
SECTION 6. This Act shall take effect upon its approval.
Approved: June 17, 1950
Published in the Official Gazette, Vol. 46, No. 11, p. 5365 in November 1950
Cite This Law
Sale of Lots from Tondo Foreshore Land, Republic Act No. 559, Jun 17, 1950 (Philippines)
Sale of Lots from Tondo Foreshore Land, Republic Act No. 559 (Phil. 1950)
Related Laws
- Amendment to Act No. 559 (Sale of Lots Comprised in Tondo Foreshore Land)Republic Act No. 907 • Jun 20, 1953 • Statutes
- Tondo Foreshore Land Act of 1956Republic Act No. 1597 • Jun 16, 1956 • Statutes
- Amendment to 'Tondo Foreshore Land Act of 1956'Republic Act No. 2439 • Jun 21, 1959 • Statutes
- San Nicolas Foreshore Land Act of 1961Republic Act No. 3117 • Jun 17, 1961 • Statutes
- Land Tenure System for Tondo Foreshore and Dagat-Dagatan Urban Development ProjectPresidential Decree No. 814 • Oct 17, 1975 • Presidential Issuances
- Repealing P.D. No. 814 Re: Policies on Land Tenure in Tondo Foreshore Dagat-dagatan Urban Development ProjectPresidential Decree No. 1314 • Mar 20, 1978 • Presidential Issuances
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