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Unisource Commercial and Development Corporation Vs. Joseph Chung, et al.

UNISOURCE COMMERCIAL AND DEVELOPMENT CORPORATION, Petitioner, versus JOSEPH CHUNG, KIAT CHUNG and KLETO CHUNG, Respondents.

G.R. No. 173252 | 2009-07-17

DECISION


QUISUMBING, J.:

The instant petition assails the Decision[1] dated October 27, 2005 and the Resolution[2] dated June 19, 2006 of the Court of Appeals in CA-G.R. CV No. 76213. The appellate court had reversed and set aside the Decision[3] dated August 19, 2002 of the Regional Trial Court of Manila, Branch 49, in Civil Case No. 00-97526.

The antecedent facts are as follows:

Petitioner Unisource Commercial and Development Corporation is the registered owner of a parcel of land covered by Transfer Certificate of Title (TCT) No. 176253[4] of the Register of Deeds of Manila. The title contains a memorandum of encumbrance of a...