Republic Act No. 3061

: The purpose of Republic Act No. 3061 is to convert a certain parcel of land in the Municipality of Angono, Province of Rizal, into disposable or alienable land of the State, to be subdivided and sold at cost on an installment basis to landless residents of the said municipality.
: The land covered is the parcel acquired by the National Government for the municipal building site of Angono, Rizal, covered by Transfer Certificate of Title No. 65693.
: Only landless residents of the Municipality of Angono are eligible to purchase the subdivided lots under this Act.
: Yes, no person can purchase more than one lot under this Act.
: The lots are sold at cost on an installment basis to landless residents.
: The proceeds from the sale shall be turned over to the Municipality of Angono for the renovation or completion of the municipal building of the said municipality.
: This Act took effect upon its approval on June 17, 1961.
: The President must approve the rules and regulations issued by the Secretary of Agriculture and Natural Resources to implement the Act.
: It identifies the specific parcel of land that was acquired by the National Government for the municipal building site and is being converted into alienable land for sale.