Cited Laws
TL;DR — Ruling
WHEREFORE, the appeal is granted and the Decision dated September 10, 1998 of the trial court is reversed and set aside. The Deed of Absolute Sale dated May 22, 1990 between plaintiff-appellant Julita Returban and defendants-appellees spouses Tito Alvaro and Maria Valelo shall be construed as an equitable mortgage and the Tax Declaration 2747 issued in the name of spouses Tito Alvaro and Maria Valelo is annulled.
WHEREFORE, the appeal is granted and the Decision dated September 10, 1998 of the trial court is reversed and set aside. The Deed of Absolute Sale dated May 22, 1990 between plaintiff-appellant Julita Returban and defendants-appellees spouses Tito Alvaro and Maria Valelo shall be construed as an equitable mortgage and the Tax Declaration 2747 issued in the name of spouses Tito Alvaro and Maria Valelo is annulled. Consequently, plaintiffs-appellants are entitled to redeem the property which shall be effected upon payment of their mortgage debt to defendants-appellees. SO ORDERED.
G.R. No. 137792 - SPOUSES RICARDO ROSALES AND ERLINDA SIBUG, VS. SPOUSES ALFONSO AND LOURDES SUBA, THE CITY SHERIFF OF MANILA.D E C I S I O N - Supreme Court E-Library
G.R. No. 137792 -
CaseG.R. No. 127984 - JOSEFINA TANDO, CARMEN TANDO, CECILIA TANDO-ARNOLD, HILDA TANDO-TERENCIO, AND KALIBO RURAL BANK, INC., VS. HON. COURT OF APPEALS AND BENJAMIN TAGLE.DECISION - Supreme Court E-Library
G.R. No. 127984 -
CaseG.R. No. 251792 - LOURDES N. CANDO, VS. FLOCERFIDA* DE GUZMAN SOLIS, JOAN SOLIS AND MICHELLE** SOLIS,***.R E S O L U T I O N - Supreme Court E-Library
G.R. No. 251792 -