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Land Bank of the Phils vs Arlene & Bernardo De Leon

LAND BANK OF THE PHILIPPINES, petitioner, vs. ARLENE DE LEON and BERNARDO DE LEON, respondents.

G.R. No. 143275 | 2002-09-10

D E C I S I O N

CORONA, J.:

Before us is a petition for review of the resolution,[1] dated February 15, 2000, of the Court of Appeals[2] dismissing the ordinary appeal of petitioner Land Bank of the Philippines (LBP, for brevity), and resolution[3] dated May 22, 2000 denying the motion for reconsideration thereof.

The undisputed facts as found by the appellate court are as follows:

The petitioners-appellees Arlene de Leon and Bernardo de Leon are the registered owners of a parcel of land situated at San Agustin, Concepcion, Tarlac covered by TCT No. 163051 with a total area of 50.1171 hectares. The subject property was voluntarily...