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Land Bank vs. Musni

LAND BANK OF THE PHILIPPINES, PETITIONER, V. LORENZO MUSNI, EDUARDO SONZA AND SPOUSES IRENEO AND NENITA SANTOS, RESPONDENTS.

G.R. No. 206343 | 2017-02-22

SECOND DIVISION
 
DECISION
 
LEONEN, J.:
 
Banks must show that they exercised the required due diligence before claiming to be mortgagees in good faith or innocent purchasers for value.
 
This is a Petition for Review on Certiorari[1] under Rule 45 of the Rules of Court, praying that the assailed Decision[2]dated February 29, 2012, and the Resolution[3] dated March 12, 2013 of the Court of Appeals in CA-G.R. CV No. 92304 be nullified and set aside, and that judgment to the complaint against petitioner be rendered dismissed.[4]Petitioner likewise prays that the deleted award be reinstated should the assailed Decision...