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St. Catherine Realty Corporation and Land King Relaty Development Corporation

ST. CATHERINE REALTY CORPORATION and LAND KING REALTY DEVELOPMENT CORPORATION, Petitioners, versus FERDINAND Y. PINEDA and DOLORES S. LACUATA, Respondents.

G.R. No. 171525 | 2010-07-23

D E C I S I O N


CARPIO, J.:

The Case

Before the Court is a petition for review[1] assailing the 29 December 2005 Decision[2] and 14 February 2006 Resolution[3] of the Court of Appeals in CA-G.R. SP No. 82909.

The Antecedent Facts

On 5 March 1991, Ferdinand Y. Pineda (Pineda) bought a parcel of land from George Lizares (Lizares) which was part of a 19.42 hectare property known as Lot No. 2012 registered under Transfer Certificate of Title (TCT) No. 3533. On even date, Dolores S. Lacuata (Lacuata) bought from Lizares 1.83 hectares of land known as Lot No. 2013 registered under TCT No. 3531. At the time of the sale, the properties were...