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Newton Jison vs. Court of Appeals

NEWTON JISON and SALVACION I. JISON, petitioners, vs. COURT OF APPEALS and ROBERT O. PHILLIPS & SONS, INC., respondents.

G.R. No. L-45349 | 1988-08-15

D E C I S I O N


CORTES, J.:

The instant petition for review of the decision of the Court of Appeals poses the issue of the validity of the rescission of a contract to sell a subdivision lot due to the failure of the lot buyer to pay monthly installments on their due dates and the forfeiture of the amounts already paid.

The case is not one of first impression, and neither is it exceptional. On the contrary, it typifies the common plight of countless subdivision lot buyers. Petitioners, the spouses Newton and Salvacion Jison, entered into a Contract to Sell with private respondent, Robert O. Phillips & Sons, Inc., whereby the latter...