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JurisprudenceG.R. NO. 147869 -

G.R. NO. 147869 - V.V. SOLIVEN REALTY CORP., VS. LUIS KUNG BENG T. ONG.. - Supreme Court E-Library

Cited Laws

RA 78RA 261RA 337
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TL;DR — Ruling

WHEREFORE, the petition is DENIED, and we hereby condemn the petitioner, thusly – 1) To return to respondent the sum of P350,000.00 plus legal interest reckoned from the commencement of the complaint, representing the value of the 103 square meters lot sold to Rogelio Vizon Carpio, Jr.; 2) To execute a Deed of Absolute Sale over the remaining 103 square meters covered by TCT No. 654466 and to deliver the title thereof to the respondent, now his heirs; 3) To refund of (sic) the sum of P3,744.

Decision

Ruling

WHEREFORE, the petition is DENIED, and we hereby condemn the petitioner, thusly 1) To return to respondent the sum of P350,000.00 plus legal interest reckoned from the commencement of the complaint, representing the value of the 103 square meters lot sold to Rogelio Vizon Carpio, Jr.; 2) To execute a Deed of Absolute Sale over the remaining 103 square meters covered by TCT No. 654466 and to deliver the title thereof to the respondent, now his heirs; 3) To refund of (sic) the sum of P3,744.96 plus interest at the legal rate, reckoned from the date of the institution of the complaint in this case; 4) To pay respondent, now his heirs, the sum of P300,000.00 for exemplary and moral damages; 5) To pay the sum of P50,000.00 as attorneys fees. Costs against petitioners ( sic ). SO ORDERED.