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Renato S. Santos vs. Court of Appeals, etal.

RENATO S. SANTOS, petitioner, vs. THE HONORABLE COURT OF APPEALS AND THE SPOUSES CESAR A. FERRERA AND REYNALDA PEDRONIA AND RUFINO NAZARETH AND DOMINGO NAZARETH, respondents.

G.R. No. 83664 | 1989-11-13

D E C I S I O N


PARAS, J.:

Once again, this Court is tasked with determining whether the contract entered into by the parties constitutes an absolute sale or merely an equitable mortgage in this present appeal by certiorari under Rule 45 of the Rules of Court. Petitioners seek the reversal of the decision of the public respondent Court of Appeals which affirmed in toto the decision of the trial court declaring the Deed of Absolute Sale as null and void and finding the contract to be in truth an equitable mortgage.

The antecedent facts of the case, as found by the trial court, are as follows:

"1. Defendants Ferrera and Pedronia were...