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National Housing Authority Vs. Augusto Basa, Jr. Luz Basa and Eduardo S. Basa

NATIONAL HOUSING AUTHORITY, Petitioner, versus AUGUSTO BASA, JR., LUZ BASA and EDUARDO S. BASA, Respondents

G.R. No. 149121 | 2010-04-20

D E C I S I O N


LEONARDO-DE CASTRO, J.:

This Petition for Review on Certiorari under Rule 45 of the Rules of Court seeks to set aside the Amended Decision[1] of the Court of Appeals dated November 27, 2000 and its Resolution dated July 19, 2001 denying the motion for reconsideration of the National Housing Authority (NHA).

On April 19, 1983, spouses Augusto and Luz Basa loaned from NHA the amount of P556,827.10 secured by a real estate mortgage over their properties covered by Transfer Certificates of Title (TCTs) Nos. 287008 and 285413, located at No. 30 San Antonio St., San Francisco del Monte, Quezon City.[2] Spouses Basa did not...