TL;DR — Ruling
WHEREFORE , in view of the foregoing, the present petition is hereby GRANTED . The execution sale over the properties covered by TCT Nos. N-164112 and N-164113 in favor of respondent is declared NULL and VOID . Respondent Young Builders Corporation is ENJOINED from consolidating ownership and taking possession over the properties covered by TCT No.
WHEREFORE , in view of the foregoing, the present petition is hereby GRANTED . The execution sale over the properties covered by TCT Nos. N-164112 and N-164113 in favor of respondent is declared NULL and VOID . Respondent Young Builders Corporation is ENJOINED from consolidating ownership and taking possession over the properties covered by TCT No. N-164112 and No. N-164113 or from exercising acts of ownership over them, while Sheriff Villamor R. Villegas of the Regional Trial Court of Makati City is ENJOINED from issuing a Final Deed of Sale confirming respondent's ownership of the subject properties, and the Register of Deeds of Quezon City is ENJOINED from annotating any final deed of sale over the subject properties and from issuing new titles over the same. The Final Award dated 19 December 2005 of the Construction Industry Arbitration Commission in CIAC Case No. 32-1999 is not affected by the disposition of the present petition, and respondent may obtain the issuance of another execution. SO ORDERED.
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