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Jayson Dandan Vs. Arfel Realty & Mgt. Corp., Rafael Felix & Sps. Emerita & Carlito Sauro.

JAYSON DANDAN, Petitioner, versus ARFEL REALTY & MANAGEMENT CORP., RAFAEL FELIX and SPS. EMERITA and CARLITO SAURO, Respondents.

G.R. No. 173114 | 2008-09-08

D E C I S I O N


Tinga, J.:

This Petition for Review[1] assails the Court of Appeals' Decision[2] dated 22 December 2005 as well as its Resolution[3] dated 13 June 2006 sustaining the validity of the memorandum of agreement executed between petitioner Jayson Dandan (Dandan) and respondent Arfel Realty & Management Corp. (Arfel Realty), and holding the former liable thereunder.

The antecedents follow.

On 7 March 1992, Arfel Realty, represented by its president and general manager Rafael Felix, sold to Dandan a parcel of land covered by Transfer Certificate of Title No. T-10527 and designated as Lot 3 Block 16 situated in Barrio...