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Phil. Veterans Bank Vs. Benjamin Monillas

PHILIPPINE VETERANS BANK, Petitioner, versus BENJAMIN MONILLAS, Respondent.

G.R. No. 167098 | 2008-03-28

D E C I S I O N


NACHURA, J.:

Challenged in this petition for review on certiorari under Rule 45 of the Rules of Court is the November 3, 2004 Decision[1] of the Regional Trial Court (RTC) of Santiago City, Branch 35 in Civil Case No. 35-3123. Also assailed is the February 10, 2005 Order[2] denying the motion for the reconsideration of the challenged decision.

The antecedent facts and proceedings follow.

Respondent Benjamin Monillas and his brother, Ireneo, inherited from their father a parcel of land covered by TCT No. T-53038. On May 21, 1973, respondent executed a deed of sale of his share over the property to Ireneo under the...