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De Leon Vda. De Roxas vs Court of Appeals etal.

TRINIDAD DE LEON VDA. DE ROXAS, petitioner, vs. THE COURT OF APPEALS, VICENTE ARANETA, JR., IRENE W. ARANETA, REAL PROPERTIES, INC., GUILLERMO SAN PEDRO, in his capacity as the Acting Register of Deeds for the Province of Rizal, and EUGENIO PANAS, in his capacity as an Examiner in the Office of the Register of Deeds for the Province of Rizal, respondents. *** TRINIDAD DE LEON VDA. DE ROXAS, petitioner, vs. THE INTERMEDIATE APPELLATE COURT (Fourth Special Cases Division), AUGUSTO M. AMORES, Presiding Judge, Regional Trial Court, National Capital Judicial Region, Branch XXIII, Manila, AUGUSTIN C. BAGASAO, Presiding Judge, Regional Trial Court, National Capital Judicial Region, Branch XXIV, Manila, and REAL PROPERTIES, INC., respondents.

G.R. No. L-62642 & 64728 | 1986-07-22

D E C I S I O N


PER CURIAM:

On July 29, 1976, Mrs. Trinidad de Leon Vda. de Roxas as Vendor and Mr. Vicente Araneta, Jr. as Vendee executed a deed of conditional sale of a 57,219 square meters parcel of land in Mandaluyong, Rizal. The consideration stipulated by the parties was P11,400,000.00 to be paid as follows: P57,000.00 upon execution of the contract; P2,679,000.00 on or before December 31, 1976; and the balance of P8,663,999.76 to be paid in 36 monthly installments of P240,666.66 each. The parties also stipulated that the absolute deed of sale would be delivered to the Vendee upon full payment of the unpaid balance stated in the...