TL;DR — Ruling
WHEREFORE, judgment is hereby rendered in favor of [Rosario] and against [GSIS]: 1. Ordering defendant to reconvey to [Rosario] the seventy-eight (78) lots released and excluded from the foreclosure sale including the additional exclusion from the public sale, namely: Lot Nos. 1, 6, 7, 8, 9, 10 and 13, Block I (Old Plan). Lot Nos.
Accordingly, the TCTs issued in favor of YDC were canceled. [7] When GSIS reacquired the properties sold to YDC, it began to dispose the foreclosed lots, including those not covered by the foreclosure sale. [8] Thereafter, Spouses Zulueta were succeeded by Antonio Zulueta (Antonio), who transferred all his rights and interests in the excluded lots to Eduardo Santiago (Eduardo). Claiming his rights and interests over the excluded lots, Eduardo, through his counsel, sent a letter to GSIS for the return of the same. [9] In May 1990, Antonio, as represented by Eduardo, filed an Action for Reconveyance of the excluded lots against the GSIS. Subsequently, Antonio was substituted by Eduardo. Upon Eduardo's demise, however, he was substituted by his widow, herein petitioner Rosario. [10] In a Decision [11] dated December 17, 1997, the Regional Trial Court (RTC) of Pasig City, Branch 71, ordered GSIS to reconvey to Rosario the excluded lots or to pay the market value of said lots in case reconveyance is not possible. The Registry of Deeds of Pasig City was likewise ordered to cancel the titles covering the excluded lots issued in the name of GSIS. The dispositive portion thereof reads: WHEREFORE, judgment is hereby rendered in favor of [Rosario] and against [GSIS]: 1. Ordering defendant to reconvey to [Rosario] the seventy-eight (78) lots released and excluded from the foreclosure sale including the additional exclusion from the public sale, namely: Lot Nos. 1, 6, 7, 8, 9, 10 and 13, Block I (Old Plan). Lot Nos. 1, 3, 4, 5, 7, 8, 10, Block II (Old Plan). Lot Nos. 3, 10, 12 and 13, Block I (New Plan), Block III (Old Plan). Lot Nos. 7, 14 and 20, Block III (New Plan), Block V (Old Plan). Lot Nos. 13 and 20, Block IV (New Plan), Block VI (Old Plan). Lot Nos. 1, 2, 3 and 10, Block V (New Plan), Block VII (Old Plan). Lot Nos. 1, 5, 8, 15, 26 and 27, Block VI (New Plan), Block VIII (Old Plan). Lot Nos. 7 and 12, Block VII (New Plan), Block II (Old Plan), Lot Nos. 1, 4 and 6, Block VIII (New Plan), Block X (Old Plan). Lot 5, Block X (New Plan), Block XIII (Old Plan). Lot 6, Block XI (New Plan), Block XII (Old Plan). Lots 2, 5, 12 and 15, Block I. Lots 6, 9 and 11, Block 2. Lots 1, 5, 6, 7, 16 and 23, Block 3. Lot 6, Block 4. Lots 5, 12, 13 and 24, Block 5. Lots 10 and 16, Block 6. Lots 6 and 15, Block 7. Lots 13, 24, 28 and 29, Block 8. Lots 1, 11, 17 and 22, Block 9. Lots 1, 2, 3 and 4, Block 10. Lots 1,2,3 and 5 (New), Block 11. 2. Ordering [GSIS] to pay [Rosario], if the seventy- eight (78) excluded lots could not be reconveyed; the fair market value of each of said lots. 3. Ordering the Registry of Deeds of Pasig City, to cancel the land titles covering the excluded lots in the name of [GSIS] or any of its successors-in-interest including all derivative titles therefrom and to issue new titles in [Rosario's] name. 4. Ordering the Register of Deeds of Pasig City, to cancel the Notices of Lis Pendens inscribed in TCT No. PT-80342 under Entry No. PT-12267/T-235
GOVERNMENT SERVICE INSURANCE SYSTEM, VS. THE REGIONAL TRIAL COURT OF PASIG CITY, BRANCH 71, CRESENCIANO RABELLO, JR., SHERIFF IV, RTC-BRANCH 71, PASIG CITY; AND EDUARDO M. SANTIAGO, SUBSTITUTED BY HIS WIDOW, ROSARIO ENRIQUEZ VDA. DE SANTIAGO.
G.R. No. 175393 -
CaseVS. GROUP MANAGEMENT CORPORATION.
G.R. No. 141407 -
CaseG.R. No. 136054 -
G.R. No. 136054 -