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Blanco vs Quasha, Asperilla, Marcos, et al

J.R. BLANCO, as the Administrator of the Intestate Estate of MARY RUTH C. ELIZALDE, petitioner vs. WILLIAM H. QUASHA, CIRILO ASPERILLA, JR., SYLVIA E. MARCOS, DELFIN A. MANUEL, JR., CIRILO E. DORONILA and PAREX REALTY CORPORATION, respondents.

G.R. No. 133148 | 1999-11-17

D E C I S I O N


YNARES-SANTIAGO, J.:

Mary Ruth C. Elizalde was an American national who owned a house and lot situated on a 2,500 square-meter parcel of land at 515 Buendia Extension, Forbes Park, Makati, covered by Transfer Certificate of Title No. 106110 of the Register of Deeds for the Province of Rizal.1 [Exhibits "G", "6"; Records, pp. 457-59.] During her lifetime, on May 22, 1975, she, through attorney-in-fact Don Manuel Elizalde, entered into a Deed of Sale2 [Exhibits "E", "4"; Id., pp. 451-54.] over the property in favor of Parex Realty Corporation (hereinafter, "Parex"), for and in consideration of the amount of P625,000.00...