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Feli Lacorda, et al. Vs. Intermediate Appellate Court, et al.

FELIX LACORDA and CONCORDIA A. LACORDA, petitioners, vs. THE HONORABLE INTERMEDIATE APPELLATE COURT, ROLANDO OLIVA, CYNTHIA OLIVA and DANTE PARCON, respondents.

G.R. No. L-67386 | 1985-02-28

R E S O L U T I O N


ABAD SANTOS, J.:

This case is about the right of a homesteader to repurchase the homestead within five years from the date of its sale. The right is granted by Section 119 of the Public Land Act.

The petitioners sold their homestead measuring over 18 hectares on April 2, 1975, to the spouses Rolando and Cynthia Oliva for P53,888.30. Two years thereafter, the Oliva spouses sold the land to Dante Parcon - one of the private respondents - for the same amount.

On February 16, 1980, the petitioners wrote to Parcon and the Oliva spouses; they expressed their desire to repurchase the property for P53,888.30 which they...