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San Lorenzo Development Corp. Case Summary by Tina Reyes-Battad is a document available to read on EtoBox.

This document summarizes a court case regarding competing claims of ownership over two lots of land. San Lorenzo Development Corp. (SLDC) purchased the lots from the original owners, the Lu spouses, but the lots were also previously sold to Babasanta via a memorandum receipt and partial payments. The Regional Trial Court ruled in favor of SLDC, finding that as the first to take possession, they had a stronger claim. However, the Court of Appeals reversed, finding that SLDC was not a buyer in good faith as t

Author

Tina Reyes-Battad

Language

EN