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Raymundo Tolentino, et al vs CA, et al

RAYMUNDO TOLENTINO and LORENZA RO?O, substituted by their HEIRS, represented by EMMANUELA RO?O, as Attorney-in-Fact, petitioners, vs. COURT OF APPEALS, JOSEFINA F. LETICIA, CRESENTE, ARSENIO, VIOLETA, RAMON, TERESITA, CELIA, YOLANDA, ROLANDO, RESTITUTO and REDENTOR, all surnamed DE GUZMAN, GLORIA G. PONGCO and AMPARO G. BADURIA, respondents.

G.R. No. 128759 | 2002-08-01

D E C I S I O N

QUISUMBING, J.:

Before us is a petition for review seeking the reversal of the decision[1] dated December 13, 1996 of the Court of Appeals in CA-G.R. CV No. 21005, which affirmed the decision of the Regional Trial Court of Pasig City, Branch 162. It likewise seeks to annul the resolution denying petitioners' motion for reconsideration.

The facts of this case are as follows:

Spouses Pedro and Josefina de Guzman were the registered owners of a parcel of land covered by Transfer Certificate of Title No. 20248 T-105 of the Register of Deeds of Quezon City. They obtained a loan from the Rehabilitation Finance Corporation...