RA 3844 PD 27
EFFECTIVITY Macapagal Regime Marcos Regime (October 21, 1972)
COVERAGE Land Reform Areas as declared by
NLRC
RETENTION LIMITS *land requirements* Family-Size
Farm
BENEFICIARY/IES Sharetenants/ sharecroppers/
farmers under share tenancy
PAYMENT Cash payment of 10% and balance
payable by LBP bonds at 6% interest
per annum which is tax free to
mature after 25 years, or purchase of
30% preferred stocks issued by the
LBP and balance payable in LBP
bonds at 6% interest per annum tax
free with maturity date of 25 years.
AMORTIZATIONS (1) Rentals paid shall be
credited as amortization
when land is
expropriated or when it
is redeemed.
(2) (p.56)
EFFECTIVITY OF FAILURE TO PAY Default of atleast 3 installments will
be notified to DAR/LBP:
(1) Answer for the default in
case the failure is due to
fortuitous event;
(2) Take over the ownership
and administration of the
landholding;
(3) Substitute another
qualified beneficiary if
lessee’s fault.
RA 6657
Aquino Regime (June 10, 1988)
All land devoted to rice and corn
(including the coverage of RA 3844)
Seven (7) hectares
Leasehold tenants of private
agricultural lands devoted to rice and
corn under a system of
sharecropping/lease tenancy
(1) Payment in cash/kind
directly by tenant
farmer;
(2) LBP bonds payable in 10
years, 10% of which
shall be paid in cash and
the remaining balance in
the form of LBP bonds.
1/10 of the face value of
the bonds shall mature
every year;
(3) Other modes of payment
as approved by the
PARC.
In case of compulsory acquisition
method, 15 equal amortizations for
15 years with 6% interest per
annum.
Failure to pay 3 annual amortizations
will result to foreclosure with
redemption for 2 years.
All public and private agricultural
lands regardless of tenurial
arrangement and commodity
produced
Five (5) hectares
Qualified farmer beneficiaries
JUST COMPENSATION (cost of
acquisition, current value, nature,
actual, income, sworn valuation by
the LO, tax dec., assessment made
by gov’t. assessors, etc.)---Dar has
its own formula)
Direct payment in cash/kind by
former beneficiary.
Payment in 30 annual amortizations
at 6% interest per annum. The
payments for the first 3 years after
the award may be at reduced
amounts as established by the PARC:
Provided, that the first (5) annual
payments may not be more than 5%
of the value of the annual gross
production as established by the
DAR.
Failure to pay 3 aggregate annual
amortizations will result to
foreclosure with redemption for 2
years.
EFFECTIVITY OF LAND AWARD
LAND AWARDED (size) No awarding (Family-size farm)
Not awarded to lessee Upon issuance of Emancipation (1) Already existing by June
Patent 15, 1988 --- June 15,
1998;
(2) Not yet in commercial
production and operation
--- after first year of
commercial production
and operation;
(3) Multi-crop farms:
(a) Already existing
--- June 15,
1998;
(b) Not yet in
operation --- first
year of
commercial
production and
operation;
(4) Intercropped --- based
on the main crop or crop
most prevalent;
(5) Varying crop ages ---
based on the mose
prevalent age group in
area.
5 hectares (unirrigated) Not more than 3 hectares OR shares
3 hectares (irrigated) of stock of corporations (stock
distribution option)