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Benjamin Dy Vs. Court Of Appeals

BENJAMIN DY, petitioner, vs. HON. COURT OF APPEALS, BIENVENIDO MANALO AND PARAMOUNT DEVELOPMENT BANK, respondents. Adelaida J. Rivera for Bienvenido Manalo. Belasa, Reyes & Associates for Urban Development Bank.

G.R. No. 87929 | 1991-12-17

D E C I S I O N


CRUZ, J.:

The original controversy was between the private respondents only. It was complicated when the petitioner herein entered the picture as intervenor and claimed ownership of the properties in dispute.

These properties were two lots located in Pandan, Angeles City, each consisting of 180 square meters. They are designated as Lots 2 and 3 of Block 8 of the subdivision plan (LRC) Psd 31467.

It appears that on June 30, 1983, Bienvenido Manalo purchased Lot 2 for P9,000.00 from Paramount Development Bank, the herein other private respondent. The bank expressly warranted valid title to and peaceful possession of the...