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Radiowealth Finance Company Vs. Manuelito S. Palileo

RADIOWEALTH FINANCE COMPANY, petitioner, vs. MANUELITO S. PALILEO, respondent. Rolando A. Calang for petitioner. Sisenando Villaluz, Sr. for respondent.

G.R. No. 83432 | 1991-05-20

D E C I S I O N


GANCAYCO, J.:

If the same piece of land was sold to two different purchasers, to whom shall ownership belong? Article 1544 of the Civil Code provides that in case of double sale of an immovable property, ownership shall be transferred: (1) to the person acquiring it who in good faith first recorded it in the Registry of Property; (2) in default thereof, to the person who in good faith was first in possession; and (3) in default thereof, to the person who presents the oldest title, provided there is good faith. There is no ambiguity regarding the application of the law with respect to lands registered under the Torrens...