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What is Samonte vs. Century Savings Bank Case Summary about?

Petitioners took out a loan secured by their property but failed to pay, leading to extrajudicial foreclosure. The property was awarded to the bank. Petitioners then entered a lease contract to remain in the property but paid only a portion of the agreed monthly rent. The bank demanded payment of unpaid rent and vacation of the property. Petitioners refused and argued the lease was void due to mistake and that foreclosure was null.

Author

MaritZi Keu

Language

EN