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Buyer in Good Faith: LBP Case Summary by Kim Ecarma is a document available to read on EtoBox.

1. Poblete owned land titled under OCT No. P-12026. She mortgaged the land and took a loan. She later agreed to sell the land to Maniego for ₱900,000 but executed a deed for ₱300,000. 2. Poblete alleged the deed signatures were forged. The courts ruled the deed was void for forgery. 3. While Land Bank claimed it acted in good faith as a mortgagee, the Supreme Court ruled Land Bank did not conduct proper due diligence and the mortgage was void since the title was void.

Author

Kim Ecarma

Language

EN