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What is Innocent Purchaser for Value Ruling about?

The Supreme Court ruled in favor of Guaranteed Homes, finding that they were an innocent purchaser for value based on the clean title presented by their predecessors-in-interest, the spouses Rodolfo. The Court held that a purchaser of registered property need only rely on the certificate of title of the person they purchased from, and is not required to explore further for potential defects not indicated on the title. Here, Guaranteed Homes properly examined the certificate of title issued to the spouses Ro

Author

Maria Anna M Legaspi

Language

EN