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Laura M. Marnelego vs. Banco Filipino Savings

LAURA M. MARNELEGO, Petitioner, vs. BANCO FILIPINO SAVINGS AND MORTGAGE BANK, Respondent.

G.R. No. 161524 | 2006-01-27


SECOND DIVISION

D E C I S I O N 

PUNO, J.: 

This is a petition for review of the decision of the Court of Appeals dated October 9, 2003 in CA-G.R. CV No. 71501 and its resolution dated December 30, 2003. 

The facts are as follows: 

In September 1980, Spouses Patrick and Beatrize Price and petitioner Laura Marnelego executed a Deed of Conditional Sale over a parcel of land located at Houston Street, BF Homes, Parañaque, Metro Manila and its improvements. The contract showed that the property was mortgaged to respondent Banco Filipino Savings and Mortgage Bank (Banco Filipino) and BF Homes, and that Spouses Price agreed to...