G.R. No.171692 - SPOUSES DELFIN O. TUMIBAY AND AURORA T. TUMIBAY-DECEASED; GRACE JULIE ANN TUMIBAY MANUEL, LEGAL REPRESENTATIVE, VS. SPOUSES MELVIN A. LOPEZ AND ROWENA GAY T. VISITACION LOPEZ.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, Decision is hereby rendered, as follows; (1) Ordering the [petitioners], jointly and severally, to return the said amount of $12,000.00 at the present rate of exchange less the expenses to be incurred for the transfer of the property in question under the name of the [petitioners]; (2) Ordering the Register of Deeds of Bukidnon to cancel TCT No. T-62674 in the name of the [respondent] Rowena Gay T. Visitacion-Lopez and to issue a new TCT in the name of the [petitioners]; (3) Ordering [respondents,] spouses Melvin and Rowena Gay Lopez[,] to execute a Deed of Reconveyance in favor of the [petitioners], or if said [respondents] should refuse to do so or [are] unable to do so, the Clerk of Court of the RTC and ex-officio Provincial Sheriff to execute such Deed of Reconveyance; (4) No x x x damages are awarded. The respective parties must bear their own expenses except that [respondents], jointly and severally, must pay the costs of this suit. SO ORDERED.