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PNB vs. Reyes, Jr.

PHILIPPINE NATIONAL BANK, Petitioner, -versus- VENANCIO C. REYES, JR., Respondent. Present: CARPIO, J., Chairperson, VELASCO, JR.* DEL CASTILLO, MENDOZA, and LEONEN,JJ.

G.R. No. 212483 | 2016-10-05

DECISION

LEONEN, J.: 

A spouse's consent is indispensable for the disposition or encumbrance of conjugal properties.

This resolves a dispute between petitioner Philippine National Bank and respondent Venancio C. Reyes, Jr. (Venancio). Philippine National Bank filed a Petition for Review on Certiorari 1 assailing the Decision2 dated August 22, 2013 and the Resolution3 dated May 5, 2014 of the Court of Appeals. The assailed Court of Appeals Decision affirmed the Decision and Order of Branch 81 of the Regional Trial Court of Malolos, Bulacan, which annulled the real estate mortgage and the certificate of sale issued under the...