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Felicidad T. Martin, et al. Vs. DBS Bank Philippines, Inc., et al.

FELICIDAD T. MARTIN, MELISSA M. ISIDRO, GRACE M. DAVID, CAROLINE M. GARCIA, VICTORIA M. ROLDAN, and BENJAMIN T. MARTIN, JR., Petitioners, versus DBS BANK PHILIPPINES, INC. (Formerly known as Bank of Southeast Asia) now merged with and into BPI FAMILY BANK, Respondent.

G.R. No. 174632 | 2010-06-16

DECISION


ABAD, J.:

This case is about the right of rescission provided in the contract of lease in the event of failure of the lessor to make repairs that would enable the lessee to continue with the intended use of the leased property.

The Facts and the Case

On March 27, 1997 Felicidad T. Martin, Melissa M. Isidro, Grace M. David, Caroline M. Garcia, Victoria M. Roldan, and Benjamin T. Martin, Jr. (the Martins), as lessors, entered into a lease contract[1] with the DBS Bank Philippines, Inc. (DBS), formerly known as Bank of Southeast Asia and now merged with Bank of the Philippine Islands, as lessee, covering a commercial warehouse...