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Universal Robina Sugar Milling vs Heirs of Angel Teves

UNIVERSAL ROBINA SUGAR MILLING CORPORATION, petitioner, vs. HEIRS OF ANGEL TEVES, respondents.

G.R. No. 128574 | 2002-09-18

D E C I S I O N

SANDOVAL-GUTIERREZ, J.:

Andres Abanto owned two parcels of land situated in Campuyo, Manjuyod, Negros Oriental. One lot, consisting of 55,463 square meters, is registered in his name under Transfer Certificate of Title (TCT) No. H-37 of the Registry of Deeds of said province. The other lot with an area of 193,789 square meters is unregistered. He died on February 16, 1973.[1]

On October 19, 1974, Andres Abanto's heirs executed an "Extrajudicial Settlement of the Estate of the Deceased Andres Abanto and Simultaneous Sale." [2] In this document, Abanto's heirs adjudicated unto themselves the two lots and sold the (a)...