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Baluran vs. Navarro, et al

AVELINO BALURAN, petitioner, vs. HON. RICARDO Y. NAVARRO, Presiding Judge, Court of First Instance of Ilocos Norte, Branch I and ANTONIO OBEDENCIO, respondents.

G.R. No. L-44428 | 1977-09-30

D E C I S I O N

MUá'OZ PALMA, J:

Spouses Domingo Paraiso and Fidela Q. Paraiso were the owners of a residential lot of around 480 square meters located in Sarrat, Ilocos Norte. On or about February 2, 1964, the Paraiso executed an agreement entitled "BARTER" whereby as party of the first part they agreed to "barter and exchange" with spouses AVELINO and Benilda Baluran their residential lot with the latter's unirrigated riceland situated in Sarrat, Ilocos Norte, of approximately 223 square meters without any permanent improvements, under the following conditions:

"1.That both the Party of the First Part and the Party of the Second Part...