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Sps Ricardo and Ferma Portic vs. Anastacia Cristobal

Spouses RICARDO and FERMA PORTIC, Petitioners, versus ANASTACIA CRISTOBAL, Respondent.

G.R. No. 156171 | 2005-04-22

D E C I S I O N 


PANGANIBAN, J.: 

An agreement in which ownership is reserved in the vendor and is not to pass to the vendee until full payment of the purchase price is known as a contract to sell. The absence of full payment suspends the vendors' obligation to convey title. This principle holds true between the parties, even if the sale has already been registered. Registration does not vest, but merely serves as evidence of, title to a particular property. Our land registration laws do not give title holders any better ownership than what they actually had prior to registration. 

The Case 

Before us is a Petition for...