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Diana Jeanne Lopez vs Sps Edilberto and Eveline Pozon & CA

DIANA JEANNE LOPEZ, petitioner, vs. SPOUSES EDILBERTO and EVELINE POZON and COURT OF APPEALS, respondents.

G.R. No. 152745 | 2004-03-17

R E S O L U T I O N

AUSTRIA-MARTINEZ, J.:

On December 9, 1986, Tradex Development Corporation ("Tradex") and respondents spouses Edilberto and Eveline Pozon (Pozon, for brevity) entered into an Agreement to Purchase and to Sell whereby the former agreed to sell to the latter a house and lot located on Paraiso Street, Dasmarinas Village, Makati City ("Paraiso property", for brevity). Tradex failed to comply with its obligation to deliver the Paraiso property to the Pozons, unilaterally rescinded the Agreement to Purchase and to Sell on June 30, 1987 and sold the Paraiso property to J.H. Pajara Construction Corporation, a few days before...