TL;DR — Ruling
WHEREFORE, the petition in CA-G.R. SP No. 124771 is denied for lack of merit.
WHEREFORE, the petition in CA-G.R. SP No. 124771 is denied for lack of merit. The petition in CA-G.R. SP No. 125034 is partly granted. Thus, the assailed Decision dated January 3, 2012 and Order dated April 25, 2012 of the RTC are affirmed, subject to the modification that: (1) The Chansuycos are ordered to refund to spouses Paltep the amount of P251,812.00 (with spouses Paltep retaining possession of the 34 square-meter portion adjudicated in their favor by the RTC); or (2) In the alternative, the Chansuycos are ordered to refund to spouses Paltep the amount of P375,000.00 and upon receipt of the full amount thereof, spouses Paltep are ordered to vacate the premises. SO ORDERED.