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Central Realty and Development Corporation vs. Solar Resources, Inc. and the Register of Deeds

CENTRAL REALTY AND DEVELOPMENT CORPORATION, PETITIONER, VS. SOLAR RESOURCES, INC. AND THE REGISTER OF DEEDS OF THE CITY OF MANILA, RESPONDENTS.

G.R. No. 229408 | 2020-11-09

SECOND DIVISION
 
DECISION
 
LAZARO-JAVIER, J.:
 
ANTECEDENTS

Pursuant to a Deed of Sale dated December 15, 1989, the Philippine National Bank sold to petitioner Central Realty and Development Corporation (Central) a parcel of land located in Binondo, Manila covered by Original Certificate of Title (OCT) No. 10964 with an area of seven thousand three hundred fifty (7,350) square meters.[1] OCT No. 10964 was cancelled and Transfer Certificate of Title (TCT) No. 198996 was issued to Central.[2]

In May 2010, Dolores V. Molina (Molina) caused the annotation of a notice of adverse claim on TCT No. 198996.[3] She claimed that...