JurisprudenceG.R. No. 229243 -

G.R. No. 229243 - MAXIMA P. SACLOLO AND TERESITA P. OGATIA, VS. ROMEO MARQUITO, MONICO MARQUITO, CLEMENTE MARQUITO, ESTER M. LOYOLA, MARINA M. PRINCILLO, LOURDES MARQUITO AND LORNA MARQUITO.DECISION - Supreme Court E-Library

TL;DR — Ruling

WHEREFORE , the Petition is GRANTED . The Decision dated July 10, 2015 and the Resolution dated November 14, 2016 in CA-G.R. CEB-CV.

Decision

Ruling

WHEREFORE , the Petition is GRANTED . The Decision dated July 10, 2015 and the Resolution dated November 14, 2016 in CA-G.R. CEB-CV. No. 01796 are REVERSED . The instant case is REMANDED to Branch 3, Regional Trial Court, Guiuan, Eastern Samar to determine the outstanding amount of the loan and the applicable interest, to fix a reasonable period for the payment of the same, and to order the return of the subject property only upon full satisfaction thereof. SO ORDERED.

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