Back

PEZA vs Hon Rumoldo Fernandez

PHILIPPINE ECONOMIC ZONE AUTHORITY (PEZA), petitioner, vs. HON. RUMOLDO R. FERNANDEZ, Regional Trial Court of Lapu-Lapu City (Branch 54); and the Heirs of the Deceased Spouses JUAN CUIZON and FLORENTINA RAPAYA, respondents.

G.R. No. 138971 | 2001-06-06

D E C I S I O N

PANGANIBAN, J.:

An action for reconveyance of land, an equitable remedy recognized under our land registration laws, is subject to the applicable rules on prescription. Moreover, the right to pursue such reivindicatory action may be defeated when the property sought to be recovered has been conveyed to an innocent purchaser for value.

The Case

Before this Court is a Petition for Review on Certiorari under Rule 45 of the Rules of Court, seeking to set aside the June 8, 1999 Decision[1] of the Court of Appeals (CA) in CA-GR SP No. 47575. In the said Decision, the CA sustained the January 12, 1998[2] and the March 31,...