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JurisprudenceG.R. No. 144662 -

G.R. No. 144662 - SPOUSES EFREN MASON AND DIGNA MASON, VS. THE HONORABLE COURT OF APPEALS AND COLUMBUS PHILIPPINES BUS CORPORATION.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 670,RA 295,RA 417,RA 800,
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TL;DR — Ruling

WHEREFORE, premises considered, judgment is hereby rendered in favor of the plaintiffs and against defendant declaring the contract of lease rescinded, terminated and cancelled, and ordering defendant: To pay plaintiffs the amount of P10 Million which is the value of the building which defendant failed to construct on the leased properties, as and by way [of] actual damages; To pay plaintiffs the amount of P63,862.

Decision

Ruling

WHEREFORE, premises considered, judgment is hereby rendered in favor of the plaintiffs and against defendant declaring the contract of lease rescinded, terminated and cancelled, and ordering defendant: To pay plaintiffs the amount of P10 Million which is the value of the building which defendant failed to construct on the leased properties, as and by way [of] actual damages; To pay plaintiffs the amount of P63,862.57 beginning November 1998 until defendant and the sub-lessee vacate the leased property by way of reasonable compensation for the use of the properties; and all other persons and entities claiming rights under it, to surrender possession to plaintiffs and to vacate the leased premises; to pay plaintiffs the amount of P300,000.00 as and by way of moral damages; to pay plaintiffs the amount of P100,000.00 as and by way of exemplary damages; to pay plaintiffs attorney's fees in the amount of P100,000.00; and to pay the cost of suit. SO ORDERED.