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JurisprudenceG.R. Nos. 231721-22 -

G.R. Nos. 231721-22 - JESUS E. ULAY, VS. MARANGUYOD BUSTAMANTE, SALOME BUSTAMANTE-SAROL, HEIRS OF ADELAIDA BUSTAMANTE-PEDROROJA, NAMELY: MARIO PEDROROJA, GERALDINE P. EDERA, SHEILA P. LUBAMA AND HEIRS OF RAMON BUSTAMANTE, REPRESENTED BY MARANGUYOD BUSTAMANTE.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 242,RA 280RA 866RA 564,RA 59RA 353RA 114,RA 291RA 84,RA 738RA 612RA 102
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TL;DR — Ruling

WHEREFORE, in view of the foregoing, the Decision dated October 29, 2013, of the Regional Trial Court, 11 th Judicial Region, Branch 4, Panabo City, in Civil Case No. 26-2003 for Recovery of Possession and Civil Case No. 37-2005 for Annulment of Deeds, Title, Reconveyance and Damages is hereby AFFIRMED with MODIFICATION. The Deed of Exchange dated April 5, 1999 executed by the Heirs of Juan represented by Emelita Comendador and the Heirs of Gregoria represented by Dionisia C.

Decision

Ruling

WHEREFORE, in view of the foregoing, the Decision dated October 29, 2013, of the Regional Trial Court, 11 th Judicial Region, Branch 4, Panabo City, in Civil Case No. 26-2003 for Recovery of Possession and Civil Case No. 37-2005 for Annulment of Deeds, Title, Reconveyance and Damages is hereby AFFIRMED with MODIFICATION. The Deed of Exchange dated April 5, 1999 executed by the Heirs of Juan represented by Emelita Comendador and the Heirs of Gregoria represented by Dionisia C. Ampong is hereby declared valid; the Deed of Waiver executed by Felicitas Remillano-Boyles, Reynante Remillano Carlos and Emelita R. Comendador is hereby declared null and void; and the rate of interest imposed on the purchase price of P60,000.00 is reckoned from the finality of this decision at the rate of 6% in accordance with recent jurisprudence until it shall have been fully paid. SO ORDERED.

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