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JurisprudenceG.R. NO. 165142 -

G.R. NO. 165142 - EDUARDO L. RAYO, VS. METROPOLITAN BANK AND TRUST COMPANY AND BRANCH 223 OF THE REGIONAL TRIAL COURT OF QUEZON CITY. DECISION - Supreme Court E-Library

Cited Laws

RA 504RA 396RA 753RA 307,RA 759RA 94,RA 540,RA 203RA 189RA 244RA 595,RA 157RA 697
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TL;DR — Ruling

WHEREFORE, in consideration of the foregoing premises, the instant petition is hereby GRANTED. Upon the filing of a bond in the amount of ONE HUNDRED THOUSAND PESOS ([P]100,000.00), let a Writ of Possession over the properties covered by Transfer Certificates of Title Nos. N-163455, N-166349 & N-166350 issue in favor of the petitioner METROPOLITAN BANK & TRUST COMPANY to be implemented by the Deputy Sheriff of Branch 223, Regional Trial Court of Quezon City by placing the petitioner in possessio…

Decision

Ruling

WHEREFORE, in consideration of the foregoing premises, the instant petition is hereby GRANTED. Upon the filing of a bond in the amount of ONE HUNDRED THOUSAND PESOS ([P]100,000.00), let a Writ of Possession over the properties covered by Transfer Certificates of Title Nos. N-163455, N-166349 & N-166350 issue in favor of the petitioner METROPOLITAN BANK & TRUST COMPANY to be implemented by the Deputy Sheriff of Branch 223, Regional Trial Court of Quezon City by placing the petitioner in possession over the parcels of land with all its improvements. SO ORDERED.