PROVIDING ADDITIONAL PERIOD FOR FILING APPLICATIONS FOR VALIDATION OF TITLES TO LANDS WITHIN THE BAGUIO TOWNSITE RESERVATION PURSUANT TO P.D. 1271, AS AMENDED, AND FOR PAYMENT O…

WHEREAS, in spite of the announcement made in the mass media
requiring the filing of applications for validation of titles for lands situated
in the townsite of Baguio City not later than May 31, 1980 pursuant to P.D.
1271, as amended by P.D. 1311 and P.D. 1651, there are still thousands of
holders or titles issued on or before July 31, 1978 as a result of the reopening
of Civil Reservation Case No. 1, G.L.R.O. Record No. 211, who had not yet filed
their applications for validation of titles on or before the deadline set by
law;

WHEREAS, it has been found that there are also still
thousands of applications duly filed before the deadline set by law for which,
however, no full payment had yet been made of the required fifteen (15%) percent
of the assessed value of the lands covered by the titles prior to the deadline
set by law on December 22,. 1980;

WHEREAS, it is necessary in the public interest to preserve
the indefeasibility and integrity of such titles thru the process of validation
by giving holders thereof another opportunity to have their titles duly
validated by way of extending the period for the filing of applications for such
validation and the period of the payment of the fifteen (15%) percent of the
assessed value of the land as prescribed by Presidential Decree No. 1271, as
amended.

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Republic of the Philippines, by virtue of the powers vested in me by the
Constitution, do hereby decree, order and grant holders of titles issued on or
before July 31,1973 as a result of the reopening of Civil Reservation Case No.
1, G.L.R.O. Record No. 211, another period of one year from date of this Decree
within which to avail themselves of the benefit of validation provided
in Presidential Decree No. l271, as amended, provided that the amount
equivalent to fifteen percent (15 %) of the assessed value of the land as of
revision period 1973 is paid for in full by the applicant upon the filing of the
application. Those who failed to pay any installment or otherwise failed to
comply with any or the requirements for validation under P.D. 1271,, as amended,
may avail of the new period herein provided to complete the
requirements for validation.

All laws, decrees, instructions or orders or parts hereof inconsistent with
the provisions of this Decree are hereby repealed or modified accordingly.

This Decree shall take effect immediately.

Done in the City of Manila, this 6th day of February, in the year of Our
Lord, nineteen hundred and eighty-six.

			(Sgd.) FERDINAND E. MARCOS President of the Philippines
	By the President:
	(Sgd.) JUAN C. TUVERA
		Presidential Executive Assistant