Republic Act No. 926

: The main purpose of Republic Act No. 926 is to authorize the President of the Philippines to convey public land and other public property as payment for landed estates acquired by the government.
: The President of the Philippines is authorized to convey public land on behalf of the Republic of the Philippines.
: The President can convey public land with the written consent of the owner of the land, either in total or partial payment of the compensation for landed estates acquired by the government.
: Yes, the Act applies to landed estates acquired either through voluntary agreement or expropriation proceedings.
: Only public land that is disposable by sale or lease to private individuals in accordance with law can be conveyed.
: No, the assessed value shall not be taken into consideration in exchanges involving public agricultural land.
: The public lands conveyed shall be limited to the area as provided for in Commonwealth Act No. 141, also known as the Public Land Law.
: This Act took effect upon its approval on June 20, 1953.
: The written consent of the owner of the land is required before public land can be conveyed as payment.
: Yes, the Act also allows the conveyance of other similarly disposable property pertaining to the Republic of the Philippines.