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Lino R. Topacio Vs. Court Of Appeals

LINO R. TOPACIO, petitioner, vs. HON. COURT OF APPEALS, BPI INVESTMENT CORP., respondents.

G.R. No. 102606 | 1992-07-03

D E C I S I O N


PARAS, J.:

This is an appeal by way of certiorari from the decision 1 in CA G.R. CV 23258 which reversed the decision 2 of the Regional Trial Court, Branch 98, Quezon City in Civil Case No. 51954.

On March 9, 1988, the parties submitted the following stipulation of facts:

"1. The parties admit the personal and corporate circumstances of each other as found in the complaint.

"2. The spouses Juan P. de Villa, Jr. and Rosalia de Villa, parents-in-law of the plaintiff, were the former owners of Lot No. 13, Block 21-A, covered by TCT No. 280808 of Registry of Deeds of Quezon City. This property was previously mortgaged to...