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This case involves a complaint filed by spouses Joe Ros and Estrella Aguete seeking to annul a real estate mortgage and foreclosure proceedings related to a loan Ros obtained from PNB Laoag branch. While Aguete claimed she did not consent to the mortgage of the conjugal property, the Court of Appeals found the loan proceeds benefited the family business. The Supreme Court affirmed, ruling that as the loan was contracted for the family business of buying and selling crops, it is presumed to benefit the conju

Author

gel94

Language

EN