Back

Clara Badayos Vs. Court Of Appeals, Et Al.

CLARA BADAYOS petitioner, vs. THE COURT OF APPEALS and Spouses MAXIMO LISONDRA and CONRADA GABISAN, respondents.

G.R. No. 57630 | 1992-03-13

D E C I S I O N


DAVIDE, JR., J.:

We are primarily tasked with the determination of the proper period within which the right to repurchase, granted under the questioned pacto de retro sale, may be exercised.

The factual antecedents of the case are not disputed.

On 9 March 1973, petitioner executed in favor of private respondents spouses a Deed of Sale With The Right to Repurchase over her undivided half portion of Lot No. 3493 of the Talisay-Minglanilla Estate located at Tabunok, Talisay, Cebu for a consideration of Seven Thousand Four Hundred Pesos
(P7,400.00); the sale was made subject to the following stipulation:

"That it is the...