About this document
Supreme Court Ruling on Equitable Mortgage by Shane Marie Canono is a document available to read on EtoBox.
The Supreme Court ruled that a document signed by Jose Mallari and his son Virgilio Mallari, which appeared to be a Deed of Absolute Sale, was actually an equitable mortgage due to the circumstances surrounding its execution. The court found that there was no intent to sell the property, as Jose was in need of money and was persuaded by Virgilio to sign the document under the promise of retaining occupancy and the ability to redeem the property. Additionally, the court upheld the trial court
- Author
- Shane Marie Canono
- Language
- EN