G.R. No. 161211 - SPOUSES CELSO DICO, SR. AND ANGELES DICO, VS. VIZCAYA MANAGEMENT CORPORATION.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, IN VIEW OF THE FOREGOING, judgement is rendered in favor of the plaintiffs and against the defendants in this wise: The plaintiffs are hereby declared absolute owners of the 111,959 square meter portion of Lot 486 and the defendant Vizcaya Management Corporation, its agent, representatives and any persons acting in its behalf are hereby ordered to peacefully vacate the said premises and to turn over the possession of the 111, 959 square meters, a portion of Lot 486 Cadiz Cadastre, in favor of the plaintiffs; The Certificate of Titles from RT-9933 (16739) and all other titles derived therefrom are all hereby declared spurious and ordered cancelled; That defendant Vizcaya Management Corporation is hereby ordered to pay plaintiffs P3,000.00 as monthly rental on the 111, 959 square meters, portion of Lot 486, Cadiz Cadastre, which the defendant Vizcaya Management Corporation had occupied from May 12, 1986 until the plaintiffs property is fully restored to the latter; That defendant Vizcaya Management Corporation is hereby ordered to pay the plaintiffs the sum of P100,000.00 by way of attorneys fees and P100,000.00 by way of moral damages and P50,000.00 for exemplary damages; That defendant National Land Titles and Deeds Administration is hereby ordered to make the necessary rectification on the titles of the defendants; The Solicitor General is hereby directed to look into the possibility of reversion of Lots 29-A, 29-B and 1412, Cadiz Cadastre in favor of the Government and initiate the Escheat proceedings thereon; The counterclaims of the defendants are ordered dismissed; and Defendants to pay the costs. SO ORDERED.