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Arguelles vs. Malarayat Rural Bank, Inc.

MACARIA ARGUELLES and the HEIRS OF THE DECEASED PETRONIO ARGUELLES, Petitioners, vs. MALARAYAT RURAL BANK, INC., Respondent.

G.R. No. 200468 | 2014-03-19

FIRST DIVISION
DECISION
 
VILLARAMA, JR., J.:
 
Before us is a petition for review on certiorari assailing the Decision 1 dated December 19, 2011 and Resolution2 dated February 6, 2012 of the Court of Appeals (CA) in CA-G.R. CV No. 92555. The CA had reversed and set aside the July 29, 2008 Decision3 of the Regional Trial Court (RTC) Branch 86, of Taal, Batangas, in Civil Case No. 66.
 
The facts, as culled from the records, follow:
 
The late Fermina M. Guia was the registered owner of Lot 3, a parcel of agricultural land in Barrio Pinagkurusan, Alitagtag, Batangas, with an area of 4,560 square...