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Henry Macion, Et Al. Vs. Japal M. Guiani, Et Al.

HENRY MACION and ANGELES MACION, petitioners, vs. HON. JAPAL M. GUIANI, in his capacity as Presiding Judge of the Regional Trial Court Branch 14, Cotabato City and DELA VIDA INSTITUTE represented by MS. JOSEPHINE LANZADERAS, respondents.

G.R. No. 106837 | 1993-08-04

D E C I S I O N


ROMERO, J.:

The subject of this litigation revolves around two (2) parcels of adjoining lots owned by petitioners which are the proposed extension sites of De La Vida Institute, an educational institution located in Cotabato City.

On April 26, 1991, the petitioners and private respondent entered into a contract to sell under which terms, private respondent, as president of De la Vida Institute, assured petitioners that they would buy the said properties on or before July 31, 1991 in the amount of P1,750,000.00. In the meantime, petitioners surrendered the physical possession of the two lots to private respondent who...