About this document
Robes-Francisco Realty Case Summary by Vener Margallo is a document available to read on EtoBox.
This case involves a dispute over a parcel of land that Robes-Francisco Realty & Development Corporation sold to Lolita Millan. The deed of sale contained a provision requiring Robes-Francisco to transfer the title to Millan within 6 months, or refund the purchase price plus 4% interest. Robes-Francisco failed to transfer title within 6 months. Millan sued for specific performance and damages. The Court ruled that the refund provision was not a penal clause under the Civil Code and did not preclude recovery
- Author
- Vener Margallo
- Language
- EN