About this document
Supreme Court Ruling on Real Estate Sale Authority by Joannah Salamat is a document available to read on EtoBox.
The Supreme Court ruled in favor of F.P. Holdings in a case regarding the sale of a property. City-Lite Realty Corporation claimed it had entered a contract to purchase the front portion of a property from F.P. Holdings, acting through its agent Meldin Roy of Metro Drug. However, the Court found that under the Civil Code, an authority to sell land must be in writing. As F.P. Holdings had only given Metro Drug written authority to find buyers and refer offers for approval, and not conclude a sale, the allege
- Author
- Joannah Salamat
- Language
- EN