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LEONCIO and ENRIQUETA, both surnamed BARRERA vs. CA and ROSENDO C. PALABASAN

LEONCIO and ENRIQUETA, both surnamed BARRERA, petitioners, vs. COURT OF APPEALS and ROSENDO C. PALABASAN, respondents.

G.R. No. 123935 | 2001-12-14

D E C I S I O N

PARDO, J.:

The Case

In this petition for certiorari,[1] petitioners seek to annul the decision of the Court of Appeals[2] affirming the decision of the Regional Trial Court,[3] Makati, Branch 66, as well as its resolution[4] denying reconsideration thereof.

The Facts

Azalia Salome (Salome) owned a house and lot located at No. 2641 Bonifacio St., Bangkal, Makati City, covered by Transfer Certificate of Title No. 61772. Salome mortgaged the property to Country Bankers Insurance and Surety Company to secure a P10,000.00 loan.

On July 1, 1966, Salome sold the property to Rosendo C. Palabasan.[5] Transfer Certificate of Title No....