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Solid Homes, Inc. Vs. Court Of Appeals, Et Al.

SOLID HOMES, INC., petitioner, vs. HON. COURT OF APPEALS, INVESTCO, INC., ANGELA PEREZ STALEY, and ANTONIO PEREZ, respondents.

G.R. No. 97255 | 1994-08-12

R E S O L U T I O N


VITUG, J.:

An action for collection of sums of money, damages and attorney's fees was filed with the Regional Trial Court (Civil Case No. 40615) of Pasig by private respondents Investco, Angela Perez Staley and Antonio Perez Jr. against petitioner Solid Homes, Inc.

Private respondents averred that, on 07 September 1976, they sold, under an agreement entitled "contract to sell and to buy," to Solid Homes six (6) parcels of land in Quezon City and Marikina, with an area of 704,443 sq.m., for a total selling price of P10,211,075.00 payable (in accordance with paragraph 1 thereof), as follows:

"a) P100,000.00,...