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Felicidad Cottam vs Atty Estrella Laysa

FELICIDAD L. COTTAM, complainant, vs. ATTY. ESTRELLA O. LAYSA, respondent.

A.C. No. 4834 | 2000-02-29

D E C I S I O N

VITUG, J.:

Felicidad Lacsamana Cottam has charged Atty. Estrella O. Laysa with gross misconduct and dishonesty.
Complainant averred to be the owner of two (2) parcels of land in Tagaytay City covered by TCT No. T-21247 and No. T-21248. On 28 August 1993, complainant executed a special power of attorney in favor of Faustino J. Aledia, giving the latter authority to mortgage the property. By virtue of the special power of attorney, Aledia, on 20 September 1993, executed a deed of real estate mortgage in favor of Banahaw Lending Corporation to secure a P500,000.00 financing. On 16 August 1994, complainant paid in full the...