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Bernice Legaspi vs. Sps Rita and Francisco Ong

BERNICE LEGASPI, Petitioner, versus SPOUSES RITA and FRANCISCO ONG, Respondents.

G.R. No. 141311 | 2005-05-26

D E C I S I O N


AUSTRIA-MARTINEZ, J.:

Before us is a petition for review on certiorari filed by petitioner Bernice Legaspi seeking to annul and set aside the Decision dated July 30, 1998 of the Court of Appeals (CA)[1] reversing the decision of the trial court and ruling that the deed of sale with right to repurchase executed by respondent spouses in favor of petitioner over the subject property was an equitable mortgage; and its Resolution dated January 4, 2000[2] denying petitioner's motion for reconsideration.

Respondent spouses Francisco and Rita Ong were owners of a parcel of land located at 375 Matienza Street, San Miguel, Manila with...