G.R. No. 240671 - EASTERN HEIGHTS INVESTMENTS AND DEVELOPMENT CORPORATION, VS. TAGUMPAY REALTY CORPORATION AND REGISTER OF DEEDS OF RIZAL (ANTIPOLO CITY).R E S O L U T I O N - Supreme Court E-Library

Ruling

WHEREFORE, on the basis of the foregoing, the petition for surrender and/or cancellation of Transfer Certificate of Title No. 285425 is GRANTED. Accordingly, respondent Eastern Heights Investments and Development Corporation is directed to surrender the owner's duplicate copy of Transfer Certificate of Title No. 285425 to the Register of Deeds for the Province of Rizal, within fifteen (15) days from receipt of this Decision. Upon such surrender or non-surrender, the Registry of Deeds for the Province of Rizal is directed to cause the cancellation of the said owner's duplicate. After the payment of the required fees, the Registry of Deeds for the Province of Rizal is directed to issue a new owner's copy of Transfer Certificate of Title No. 285425 in the name of petitioner Tagumpay Realty Corporation in accordance with Section 107 of Presidential Decree No. 1529 with a memorandum in its dorsal portion of the annulment of the outstanding duplicate. Let this Decision be published once a week for two (2) consecutive weeks in a newspaper of general circulation and a copy thereof be sent to respondent Eastern Heights Investments and Development Corporation at Liberty Building, Pasay Road, Makati City and Atty. Oliver Misador. SO ORDERED.