G.R. No. 231290 - PERFECTO VELASQUEZ, JR., VS. LISONDRA LAND INCORPORATED, REPRESENTED BY EDWIN L. LISONDRA.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, premises considered, judgment is hereby rendered: 1) Declaring the JVA or the parties as rescinded with the parties to render an accounting or all their expenses and incomes, with the proper restitution if warranted. 2) Ordering the respondent to transfer the management of the subject memorial park covering Lot 1680-A, including Lot 1680-B to the complainant; 3) Ordering the respondent to pay [complainant] P100,000.00 as attorney['s] fee, P200,000.00 as moral damages, P200,000.00 as exemplary damages, and to pay complainant the cost of suit; and 4) Ordering the respondent to pay a fine of P10,000.00 for its unauthorized land development and P10,000.00 for every individual sale it executed without the requisite license to sell. IT IS SO ORDERED.