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Spouses Lorenzo H.Labayen, et al. Vs. Leonardo. Serafica

SPOUSES LORENZO H. LABAYEN and ANA G. LABAYEN,Petitioners,versus LEONARDO R. SERAFICA,Respondent.

G.R. No. 178443 | 2008-10-06

DECISION


NACHURA, J.:

This petition for review filed by spouses Lorenzo H. Labayen and Ana G. Labayen seeks to nullify and set aside the April 19, 2007 Decision[1] of the Court of Appeals (CA) in CA-G.R. CV No. 73866, which affirmed the Decision[2] dated October 4, 2001 of the Regional Trial Court (RTC) of Quezon City and the June 18, 2007 Resolution[3] denying petitioners' motion for reconsideration.

The antecedents:

Milagros S. Serafica (Milagros) was the owner of a 221-square-meter lot in Epifanio Delos Santos Avenue (EDSA), Cubao, Quezon City then covered by Transfer Certificate of Title (TCT) No. 45147.

On October 12, 1991...