Back

Sps. Guevarra vs. The Commoner Lending Corporation, Inc.

Spouses Rodolfo and Marcelina Guevarra, Petitioners, vs. The Commoner Lending Corporation, Inc., Respondent

G.R. No. 204672 | 2015-02-18

DECISION

PERLAS-BERNABE, J.:

Assailed in this petition for review on certiorari 1 are the Decision 2 dated October 3, 2011 and the Resolution 3 dated October 17, 2012 of the Court of Appeals (CA) in CA-G.R. CV No. 02895, which affirmed with modification the Order 4 dated October 20, 2008 of the Regional Trial Court of Guimbal, Iloilo, Branch 67 (RTC) in Cadastral Case Nos. 118 and 122, allowing petitioners-spouses Rodolfo and Marcelina Guevarra (Sps. Guevarra) to exercise their right to repurchase the mortgaged property subject of this case, conditioned upon the payment of the purchase price fixed by respondent The Commoner Lending...