Can I read Simulated Deed of Sale Ruling on EtoBox?

Simulated Deed of Sale Ruling by Jem Pagantian is a document available to read on EtoBox.

What is Simulated Deed of Sale Ruling about?

The Supreme Court ruled that the Deed of Sale executed in favor of the Cariños was simulated and therefore void, as it did not reflect the true intentions of the parties involved. Cirila Vicencio acted merely as a dummy vendee for Josue Quesada, with no genuine transfer of ownership or consideration. The court cited Articles 1345 and 1346 of the Civil Code to support its decision.

Author

Jem Pagantian

Language

EN