Specific Location and Description of the Land
- Parcel is part of Lot 17992, Cad-56, Albay Cadastre, in Barangay 2 (Emas Barrio South), City of Legazpi, Luzon.
- Bounded by other lots, a creek, and an existing road; detailed metes and bounds are provided.
- Land area totals approximately 17,476 square meters.
Conditions and Reservations
- The parcel is subject to private rights, if any exist, and requires final survey confirmation.
- Certain parts of the area used or earmarked for public or quasi-public purposes are excluded from disposition.
Disposal and Supervisory Authority
- The land set aside for socialized housing shall be disposed of according to Republic Act No. 7279 (Urban Development and Housing Act).
- Supervision is under the Housing and Urban Development Coordinating Council (HUDCC) and National Housing Authority (NHA).
Creation of an Inter-Agency Committee
- HUDCC chairs the committee, Local Government Unit (LGU) acts as Vice-Chair.
- Representatives from NHA, Department of Environment and Natural Resources (DENR), and the Homeowners Association are members.
- The committee is tasked with formulating implementing rules and regulations for the proclamation.
Restrictions on Ownership and Encumbrance
- Lands disposed under this proclamation cannot be alienated or encumbered for 10 years from issuance of title or contract.
- Land is protected from satisfaction of debts contracted prior to the 10-year period.
- Improvements on the land may be mortgaged to qualified entities.
Authority to Issue Land Titles
- DENR is authorized to issue Special Patent titles in favor of the NHA covering the area reserved for socialized housing.
Compliance and Conditions
- The proclamation is subject to the minimum road right-of-way requirements of the Department of Public Works and Highways pursuant to Executive Order No. 621.
Formalization
- The proclamation is signed by the President of the Philippines and executed on June 25, 2004, in Manila.