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Sps. Victor Valdez and Jocelyn Valdez etc. Vs. Sps. Francisco & Caridad Tabisula

SPOUSES VICTOR VALDEZ AND JOCELYN VALDEZ, represented by their Attorney-In-Fact, VIRGILIO VALDEZ, Petitioners,versus SPOUSES FRANCISCO TABISULA AND CARIDAD TABISULA, Respondents.

G.R. No. 175510 | 2008-07-28

D E C I S I O N


CARPIO MORALES, J.:

Petitioner-spouses Victor and Jocelyn Valdez purchased via a January 11, 1993 Deed of Absolute Sale[1] (the deed) from respondent-spouses Francisco Tabisula and Caridad Tabisula a 200 square meter (sq.m.) portion (the subject property) of a 380 sq. m. parcel of land located in San Fernando, La Union, which 380 sq.m. parcel of land is more particularly described in the deed as follows:

A parcel of land classified as residential lot, bounded on the North by Lot No. 25569, on the East, by Lot No. 247, 251, on the South, by a Creek and on the West, by Lot No. 223-A, declared under Tax Decl. No. 52820,...