Ponente: JARDELEZA, J.
Decision Date: 2016-06-29
GR Number: G.R. Nos. 185857-58
Digest Team
4 months ago
Avg. Rating:
Summary:
The case involves a dispute over a property in Cagayan de Oro City. The heirs of Melecia Dalondonan filed a complaint for reconveyance of the property, alleging that Melecia had used her own money to purchase the property, but the title was placed in the name of her husband, Godofredo Nacalaban. The heirs claimed that a trust was established by operation of law, and they were the rightful owners of the property. The College, which had purchased the property from Godofredo's heirs, argued that it was a buyer in good faith. The trial court ruled in favor of the heirs, declaring that an implied trust existed and ordering the reconveyance of the property to Melecia's estate. The Court of Appeals affirmed the decision.
Doctrine:
An implied trust is created when property is sold, and the legal estate is granted to one party, but the price is paid by another for the purpose of having the beneficial interest in the property. The buyer of registered land is considered a purchaser in good faith if the seller is the registered owner, in possession of the property, and the buyer is not aware of any adverse claim or defect in the title. However, if the buyer is aware of other persons in possession of the property, they are required to exercise a higher degree of diligence and investigate the seller's title and capacity to transfer the property.
Facts:
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Issues Ratio:
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Dispositive:
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Other Notes:
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
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