D E C I S I O N
AUSTRIA-MARTINEZ, J.:
This resolves the Petition for Review on Certiorari under Rule 45 of the Rules of Court assailing the August 20, 2002 Decision[1] of the Court of Appeals (CA) in CA-G.R. SP No. 69902.[2]
The facts are of record.
In a Contract to Buy and Sell[3] dated March 17, 1995 (contract to sell), Reynato Sarmiento and Leni Sarmiento (Spouses Sarmiento),[4] agreed to sell to Jin Jin Delos Santos (Santos) an 82-square meter residential lot identified as Lot 18, Block 2, located at IA-JAN Homes and registered under TCT. No. 95442. The purchase price was set at P824,000.00, P300,000.00 of which was paid by Santos to...
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