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JurisprudenceG.R. No. 229693 -

G.R. No. 229693 - ENGR. FELIPE A. VIRTUDAZO AND SPOUSE ESTELITA M. VIRTUDAZO, V. ALIPIO LABUGUEN AND HIS SPOUSE DAMIANA MABUTI AND GENARA LABUGUEN.

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TL;DR — Ruling

WHEREFORE, premises considered, the Court finds the [intervenor] Florentino Maurin liable to return to [spouses Virtudazo] the sum of SIX HUNDRED TWENTY-FIVE THOUSAND ([P]625,000.00) PESOS. Further, the [DBP] is directed to deliver the Deed of Reconveyance and the Original Certificate of Title No. P-10087 to [Florentino Maurin].

Decision

Ruling

WHEREFORE, premises considered, the Court finds the [intervenor] Florentino Maurin liable to return to [spouses Virtudazo] the sum of SIX HUNDRED TWENTY-FIVE THOUSAND ([P]625,000.00) PESOS. Further, the [DBP] is directed to deliver the Deed of Reconveyance and the Original Certificate of Title No. P-10087 to [Florentino Maurin]. SO ORDERED.