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1) Mary Ann Arede, the adopted daughter of Mercedes Arede, was registered as the owner of a parcel of land that Mercedes purchased, but Mary Ann later obtained a reconstituted title to the land through falsified documents. 2) Mary Ann then mortgaged the land twice, first to a rural bank and then to Flordeliza Cabuhat. Mercedes claimed she had purchased the land back from Mary Ann prior to the second mortgage. 3) The Supreme Court ruled that Flordeliza was an innocent mortgagee who relied in good faith on
- Author
- Liana Acuba
- Language
- EN