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METROPOLITAN FABRICS, INC. AND ENRIQUE ANG, PETITIONERS, VS. PROSPERITY CREDIT RESOURCES INC., DOMINGO ANG AND CALEB ANG, RESPONDENTS.

METROPOLITAN FABRICS, INC. AND ENRIQUE ANG, PETITIONERS, VS. PROSPERITY CREDIT RESOURCES INC., DOMINGO ANG AND CALEB ANG, RESPONDENTS.

G.R. No. 154390 | 2014-03-17

FIRST DIVISION
 
D E C I S I O N
 
BERSAMIN, J.:
 
The genuineness and due execution of a deed of real estate mortgage that has been acknowledged before a notary public are presumed. Any allegation of fraud and forgery against the deed must be established by clear and competent evidence.
 
The Case

In this appeal, the mortgagors, who were the plaintiffs in the trial court, seek to reverse and undo the judgment promulgated on July 23, 2002,[1] whereby the Court of Appeals (CA) reversed and set aside the decision rendered in their favor on July 6, 1999 by the Regional Trial Court (RTC), Branch 107, in Quezon City (declaring...