transfer of title in the same. [1396-18; 1397-43 ( a-g ), 52; 1689-2; 2505-2.] S ECTION  2349 . Tax Upon Real Property. — Every owner of real property within any township shall pay an annual  ad valorem  tax thereon in an amount equal to one-half of one per centum of the value of such property, subject to the exemptions hereinbelow expres sed. [1397-52; 2505-2.] In the province of Nueva Vizcaya the tax herein provided for shall be at the rate of seven-eighths of one per centum, of which three-eighths of one per centum shall accrue to the province and four-eighths of one per centum to the township wherein the prope rty is situated. Of the three-eighths accruing to the province hereunder, one-third shall be devoted to the construction and repair of roads and bridges and the other two-thirds to any lawful provincial purpose; and of the four-eighths accruing to a townsh ip hereunder, one-half shall be devoted exclusively to the support of free public primary schools and the providing or erection of suitable school buildings, and the remaining one-half to any lawful township purpose. cEaDTA [2441-1.] S ECTION  2350 . Exemptions. —  The exemptions shall be as follows: ( h ) The proceeds of the cart and sledge tax. ( g ) Township fines. (f) Fees for tuition in institutions of instruction other than primary schools founded and maintained solely by the township; and for the use of water from waterworks built or maintained by the township; but nothing herein shall require the charging of suc h fees. ( e ) Rentals for the privilege of establishing and maintaining the same. ( d ) Rents and profits from all property belonging to the township; tolls, from ferries, stables, markets, slaughterhouses, public bath houses, and cemeteries belonging to the township. ARTICLE  XIII Real-Property Tax Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 693