‘ps. Ome and pare Hever a, Cut Fac: Spe Omi ae npr Hera ae he reg ty the lol Peover ered to ol. Respondent bys Race for Pari Payment umd fh rising ay the blocs othe purrs pce on free a cern dat, and ten ty wl exact fd sgn the tal deed olsa On the dale of Payment respondent then wot pationes of fs Feaanes 0 pay te blanc end requesting hem © frepare the tal oped of eae In re, pooner: ‘lone tough he course! ta hey ae as for abroad and thus canon. the. vores ‘esbondente counael © PNB Managers Check wor, 0000000 payee tm. Because of the ‘colton, repent led a copier pect peormance Hos daraoee ‘Aguments: Spa. Orie an Amparo: he Recs et 2 ered conract of sae a prow fo: Dice 145 in relson to Ala 475 of hw Cnt ode, Te deer to hem of P100,00.00 ax down fama annct be coaerse 08 pool of he Brocton of conact os under Are 482 of fe sare Code ana tre wat no Cau greta betwean he pates os tthe amount cretion Cagust At ed by te i cnt ‘tne by he CA. tre wos a pees concoct fle yung on the ‘eamest money gery ‘essonfent options, ivohng At 482 ehe Co WON tis contacto sl pttiane) ra aac of thle hespondnt Allematiay WON ne 100.0000 pad by Capua 0 os. One and Angaro Heresa canbe condlered 0 eames rroneyconeptes nA. 882, Hels as 9 santa os. The Sf sal thus fending 0 462 at aple. tte hat Arie 452 the Chl Cote ovis at “Whar eames money is gn contact of sie. shal be condgeres ae prt of he pen ond oot fhe pertectan of he canvsct"Hovever, 6 Stk soaks eeamest money gen na oontact of ‘Sle ne cane tbe earnest ey as an in ‘na! oe The sama anay toma pa th Creation aly the st consumed pon fa payment tt purse pice. Now. nce ues ranay was genta conta esl, Ne "a2, when spats ofa cect of sa, does ret apey. The eucnerave canon (pment tba Uae by response) i nol tke lace. Cary, Fesferdent carat congel pelos lo earlier Comeranp ote propery hm NABUS v3. PACSON GR. No. 16198, November 25, uoneacTs. “Te spouses Bet and Jue Nabue were te omnes of prc of ard with ol area of 1685 squire Ieee stunted n Po La Trad, Barat hy the Rogier of Beads ofthe Provnce of Banat ‘Tha popry wa margages by ha Spouses Nat {o the Philgpne Natena Bask (PNB), LaTeigad Branch tsar canine amour of P20,0090. (Fobra 18, 1977 te Spousie Nebus exceed 1a of Condon Sai coveing 109 sane fetes ei B55 agua mer a ave of ‘ersanerts Spouses Pacson fot a coin of 2B 4577 Pursue ote Oued of Caton! Sale ‘ebponderts oid PN the ancurt f P12036 85 of Foray 22, 0776 a0 744300 hy 17-1978 17, telow he peyment of the tance of Be rrrgage amount ln PAE, Bato abused. Ot ‘Ragu 1 1670 i suring poe, Ju Rebus Dans of Bers Jud Seterant ower he regen lan covered by TET No S057 On the Bose fe Fetraty 17.1904 nthe pos of i Nabe nd Se greed upon, bul vous, en sal amounts faring am ag ow oo PYOODD lo a> hgh as 15.6500 spanning 4 perad cf amos stven eae orc, 19771 fo danuary 17,1894 ‘Thate wa 2 Wal of 254 cat a payment The ‘ecools showed. thal tet! sum pad by fescncerts i> the Spouses Nabus was PII2US6 16 4 leang abalone PST SU Dara the ast wen of January 1984, Je Nats, scompanea by far sooo’ nutans appt Joon Paczon oa rte Al payment oh Wt SaatunPacson aged to pay, Bll he err ‘ter fou cys 08 hs deughlr, Caine Pocson, tuld hove to gb over the rumereus recs to ‘stned ar ‘our dye, Jong sort her ae auger cating, fo Ay Babe Piles or te ‘teen ofthe dd of steko s'Snc0 Je sean dow wih oir dau, Ay. Piersecesary documents sich asthe ed oh ‘twas settee, the tars cette of Be Natu, ‘and the guerdanenp papers af Nihale one ite Nabus not tn Gotha ‘lope, Caan Posson went ote Rit ot Deeds of te Pounce of Benguet an abed for 2 ‘py fe eae aS ou that ns ‘rok Clana Pacson hard uno tha e was {hea st pettoner Bet Tee. On March 25, 2108 respondents deacun nd dla Pacson fled ‘wn he Regona! Tae! Caut of Lo. Teno Sengusttal cout @ Campin fo: Atoument of Dowd, wth cmages and prayer he wsuace 3 Swit of pesimnary hjncien Juke and Meta Natus legos at fespendent aaah Pacson id ‘ot rood mth th condor eae oh suet ropa anan a lar ha rare was poneng Ea ove" the whol ropary. Joaquin aepos that he woud rather ase he eopery wih 8 mae ‘ta of P2.00000 and apply te sum 9 0000, {5 era, since te are os ead pid oe Dank and cout no longer Bowen Merc, he : son wy he pepe ‘unmet oF not tha esd of Condon Sale Zineter he Deed of Condtonl Sols wae 8 ‘onto to snc ol ‘he Deed of Condens! St entered io by te passer Pasan snd th Speures Nab ae Pot ‘crested ea corte oleae, Th 364 rest Issued othe Spouses Pacson coma eb be pros “a5 rial pay ft oats Kr oF ‘tas val or ‘ca ve (Gers pyr oft locate Kn" evitering sale unr the contact act th mas of pepe Furr 25 und by the tal cart. Jago Pasen's no sig tthe second page ota cafton copy of the Ose! of Centon Sle as tough seat iadeotence Sina th ipa crac nd te ner pes te ‘oact were aged by Joaqun Pacson and he ‘tarpon othe ora? Tre Cour nos that he contact entered rey he Sess Nasa pres wa 3 aa (Cosas: fr 48689 orate, ae tt fe conracing pres chistes heat ratr ‘Sears stanato ses ‘eterate hg th a pay nora ee ‘cera moray ortsaghlen A conrat S06 ‘se 148 oft Ci Cote odes that eno soe maybe soute econo! -Acorrct f sf absave when te tte sepa fhe contact fat tebe perros ah ta eter unt a pment he prove pos The ‘Stplsorgung he vendor te ighto cancel unser ‘Synecrmasianonrt eat9 ls sl onneranp eran ih te vender ae de ‘rts porte pach Frice parhes of ssusprave cndion. ‘ond nar Vutinent ofthe craton orevrs the obigaion {ose fom aring 36 Com na. cout of Aes {Ssingushed 9 contacto sel tora cawac sl ‘hus Sale, by verre, sa consensil contact teceuse ts perce by ee conser. Teast drei feat of te ae low, {Const or meetng of te minds. a i conser {orator ounertip mcrae rth rs » Datrirate stot mater artrie can in maney ots equal, Under ‘nedeinton. sContt to” Sal may not beconsidred ena Conkact of Sile bncaue the fst essential elonont ang In acer ‘acto sel he prospects slr expel reserves etansfere0o the prospective byt meaning t to pronpecve tle dosnt yet ages er concen {Hovarseromersip of he propery sitet! ho rc a rato npg tan Glee purchase gran. Whale seer orees ‘or laee nea fod to ffs mie oe ‘e etect propery when te entre amet of ‘tesurchase pon dlveeato Hin Inoher wots ‘Rell payment of he purchase pce pokes es Sispesivesonatan the na “iment ich revel th pan sl tom ‘shang ths omer retained he spec ‘re ste wihou ther roma byte peepee bijer Stated pity, upon the fliment of the vapnsive concn tic the il pyre of the buenas pce. he pespectve see's obigaten to {le st propery by entang is eonat ot ‘Blowin he pronpecta buyer becomes damanetle {proved n Arle 179 ofthe Ow Cave which fing espe cata ‘proc devanetle, An acceped dbo ‘emse lo buyer o sella deermnte ing fr fice cain ie bing upon Ine pramisor the Dome supped by 2 consdecten sine rom ‘repre. fcoroct whereby Ine prospect el. we ‘Soressy reserving the onnerstip of fhe sitet fropery det ahlvery Maret Yo the prospective fue, tes shea to sl tho sol propery cotangent Facts Peotone ia ayes os 9 We srey comercial ‘dng in Vatnsula iy Respondent an “Tipora leased a space sls bul fo ‘rth ent ot 24, 000A rom bang 2 tenant, fespencert aso rnvesies mn pattoners tmancng tunings Ondine 20, 1868, Petter Sorowed Pe Nitin fom Farmers ‘Saige ana Laan Gane (FSU Bark) ane mogaped the uling nt ajo ‘eal popaie) Reyes died owl fe oroperty or 5. Mn to sgudate er loan a ance her tusioss Respondent olores io conetonay by te ‘eal pepe for P42 thon on iaalmert Sane ‘thous herent and aunt bank lan. Te 1. Sale tbe cance he patna cand a ayer f sis prepares rt aneunt of PB ton the respondent te pester andthe bak wl be ‘erat to Tupaan wih an aston! 6% mow 2. Peiene: Rayos wil contnue sing the space ‘Soniped by ner erg elo who ental fr the ‘heaton he rarer payment. eyes tor 3 monly renal ef 8, OOD alr tal ‘aynet has ben rade by te oeencan 4. The deen wil undo he een ad bosment ofthe te insuonce ohoes othe 2 dogs folonng tne ceatason oh he cae! peices pt the bie he respondent has uly pa epuchae pe ‘They revered the propo fo Taparan wo aesune tometgoge to FSL Bak Te bark sppoved onthe Imatert he metzage cizaon Under ai aed ot Condon Sal, the espandent ‘Seige to pay a emp sum o 12 Nin n eee ‘ue atte. Response, Powover deed tho payment to isan. To campers or her doayes payments respondent ated lo Fy futons my inrest But again respondent faled to ft th chigaton. The pane? fuer alleged thet despre sucess fing anater revpondonveisedt cana thee Warsaston Tha ‘eapondent als negected orapw fee inurane ‘eyo te buldngs Respondents Answer espntert slags that the dos of Corona Sle ‘i lea Povey wih Assrmpon of Moiue woe lcualy a pure and sbsclae contact of sale with 3 {er pve. culd et be Snares 2 contol fle cause the peormance. of ebigston ‘ern id rot depend upon ue cd unseatvent Ste ago avered hash wae abla uy Bay the loan and seure the roleace of fe mong99e Stes ste also pad move tan Be P42 Mien prenase pice, scslon zou ct bo reseed ne the pastes coud no larger be ese 1 the rina! sti. Can te vansacion of abligaton be rescind gen thane condone wor not sabes? FULNG(S) Rte tes ofthe pion Bal ellawh the pene a puri tecouse her ror gaymert ffl of De parcnas pce mey nt be conseed as steer rd fonder roach of he conact a fo detent the objeto to parts ners te contac The RTC televed tht respondent showed Hor Scent) and ingrase tp tse her sbigaton Hence t woul! be ere ecutble ove respondent chaos to pay te lance pus ierest wih 9 (en ped of tine. The cout cried Be Fespondon op he peter tho urpaebalonce ot ‘repurchase poe a The CA agr0d wih the RTC tat fe romedy of essison Goud not apply becuse tne respons Yale to pay the pettcos the balance of te ppechase pice i be lot ancutt of 90500000, tes ata reac efconvec bl merely an evel hat Dovorie he ster (pte fom orweing i the puttaser (esponden) Since reordent ho ready pad 9 evbstantal amount ofthe purtoes rc, twas but it ane jt alow hero 6oy te pais bance he purchase cw las res se Tho SC ares that he condiona see conact, eet, Tie We and cunarnp ef he stort broseries rerains wih te pettoner unt fe teeponsr! ‘uy pays te Bataree he purchase Pee ond he assumed morgage slit” Without feeponsets fa payment tere sn be ro breach of ‘ect to spesk of because pliner bes Soigation yet rn over ie The cout arene ata stata aout ofthe purchase pce Pas ready boon pa. 16 ony Hom ana ult alow Twoean to poy the sed unpad balnce ot the purcnace pren to Reyes, Canin Wat rasson (an be pom under Arise 103, Ihe Cut sl ftanat stow ier he reason that, coreg tt Greumstanes, ere was. ony aight ot cael breach inthe fatiment ot re obigeion Ta cout Considered ant 20% ete putas pie NOT e cubs) treson Uneee ihe partes Suited session Is aloned ony whan the tote hitler of ctigaon Whether he teach 1 Sig or atonal lng seine) By te "etpondent commits op Pest denied RELEVANTJURISPRUDENCE AL MSE. By te contact of ale, coe of the ‘conracing pores obits hire to wanser the ‘omneranp of and to dover 2 determina ig, te cero oy therfore a pcs can nmeney oF sequent The estonia semerts oa cont of saat flowing 12} Consere or meeting fhe minds, that consort {otander wert exchange forth price: 2») Oaeminata subject mater ane ©) le cealn ia money a sequent In contacto she sale expt aces he Wanst’ of te tothe prospective buyer The fat ‘orent no conrct fsa) & miesg. There no conent ye the Yansier of onne'sp of he Property (abu vag) The payment le pce Is-a postive suspersne conan, flue cf whch ‘eects breach butan ever tat provers the bgt of he vero carwey te fer becoming ‘recive (cma von) ‘1191 das nat ply a contacto set scene ‘ooch centomplied in sad aide & an ots fare to campy wih an eating obit oes rot spl i the flue of a coon t ake that Cigton arse‘The SC hadone again hed the occasion dings ‘hette oh aopey passes he vere on the Gowery of the Oing sod, conan 1 sol ners by agenen sare i he vendor {nat pats he vendee unl payment {he purchase pice. Oberwise sates a contact of Ble, he vena loses camer over the property {and cannot reser tut an ries econ {leis tained bye vendor ul al payne ofthe ost suspense conn laure nc a ‘breshbutan event at revents he ebigatonof naar to corey te fom Becaring llectine (Galatry, GA, GR. No, 118209, Jy 31008, 258 SoRAa caso v. Reyer ‘Sates: Sal consensual contact ands parectad Dre consent una arse yt eat, ‘Reset mater, pce andar of payment Sate ‘Se consensus coast and 9 pleted by mae nse which Is manfested by 2 mesing of Me ‘rings 35 te or and aceprce area! 29 De Sibect mater, pre and tome of payment oe Soe. te inset cane November ©, 1397 geemer! omy indenter tat Boher ard the ‘Spouses Reyes hos @ maging oto mins one sibel mater of te contac. he Powe ad et on ‘epee P6.00 0 aden the tof pymart, ‘an nia payment of PY0,00000 onthe dle of Stacie 2! the agian ans the varainng ‘arce on or beloe Deoenber 15, 897. At tat ‘rea areal nen he coer th pores wa (Gren, cnt of se was preted ‘Sane: Contacts 1 Sel: Conc o Sale: Words ‘ropety pees Io the vemdee upon the Glvey of thet sl, wh ina contract sel canes Dy Seraemantesered to te vance an nak sed un payne puch ce The ae ogreament cant be carlred 2 Conract fo SN io canter of sai. te Wa to the property esses othe vende upon the devery ofthe ng sna corracto sell oanersip iy aaremer, Festred nthe vedr and otto fost tte eres unl ful poymer of the purchase cre loses onrersip ove he popes an cant ever ‘etred byte vendor ut fl payment e pee. Inthe tater contact, payment ote pce pte Suspense condone of wich nolo teach ‘iron ove ht prevents te opton othe vendor \o. comey. fle tom Becoming elocve, The Noveroo” & 1007 eer Rin comot be Chraterced 9s 8 Foseraten ef ownership or te 1 Pe sult Poss and Ia hslead fe Ageorent corns a te ‘ue ofa contac of saa [eae va. Rayes 58 SORA 19020071 Unies Msin and Cnstn Uan Poa Assocation Ines. RYE Development Corpcaton Ch Law: Contacts: Sls: The pari nthe case Instore eas, however, the pares executed 9 Lsar Of rte, whan ts rather» contact ts 0" a anna coat tal. A fund byte RTC and Upheld by the CA the Let of ent ws exacts Speen i NE ‘Sane; Sore Sara The Lai of niet o By and Corgraton's SFC) nade os the pope rd Uns Msi ara hvstn Utan Poe Aesocton lne's (UMCUPAD intenton to acute he same Nouhara nie star net doe tate tat SEC relngushes se over the auet pope, sect ni to te cond of compat payment ta urcnaee price ora he Ina, hat SFC. atu ipas rearing une noeet, ds ta Satine popu excaely to UMCUPAL The Lt S15FC' intenton sale pene ard UNCUPAIS Intertoto soqu he came. Te gute obvious Deed of Sate pargrh thee of the Leer of Inert (Unted Wisin and Cirston Ubon Poor Assocaon he va. BRYGVDevsopmert Corpraton, S88 SCRA T2200) Pope's Horeste vs. cou of Appeals, and Nemec 1 ‘soma ™ Decomber 1994 Facts: In etna 1960, heron pooner Pec’ Heres 1 Housing Gororaton (HC) passed a rescluion. Subject ote approval he Cout Cot Come the PHC concicaton sdiison plan, awarding Lott with an area of 4.1822 sure to act at Diliman, Caut Gly io fespendents Real and ‘Adslada Mondozs epeusos Mendoza) ata pre of twenty-one pass (P2100) per squere mer The (Coun count Counc dspproves the consaicaon fabelvson lan in August 1960 But approved February IOSt terse varios where otf reckoed to an area &f 26087 square mets. Then ‘ward of Ll the spauses Nendo fhe a's fale meter to pays pice noe Ye make a 20% In! cepost, ond reawarde so! ty and iofeusl shaws to Mguela Sto. Dominga, Enine sttan, Vita Pzan Leaner Redo a ose Fomandoz al f whom mace hs itl dest The buono Lt no fe tae ner appro bythe Court counst and the Surau of Lands ‘The spouses Mandooa ashe for econiertn snd ter the windows! ofthe ead 2nd award fo St Deming an tu ters and athe same tne snan pect somone ps ages, The Dopeas rvarand he sac denon, sacar adhe feauad © Si Donego and fou abe, ae (dered be PHC to aol Lit 4 wih on area 26087 square meters at P2100 per square meter © secuses Wendaca issue Was thr» perfctod ae of Lot 4 with ts reduced oe, een es pes? court RUUNG: ‘The Supeme Cou found thal tare was no partectad fale oft « boca te ai it wa ondtonay or Cerange anarced tthe Mendczas sje oe Beproval by the Cour coun of the proposed reoton subsvon pan ante prove ofthe ‘ware by the vauaton commtoe and Neher Wan the plan wih the area of Lt 4 reduce to pauses Count shou hove manfeste ln wrting tet sceptance ofthe ard the purchase of Last 1 show that they wre invested ins purchase ‘cunt ara was reduced. Arie 175 of De Cit Cour say pe corvac of sala pected at the moment there ie a mocng f ids upon te thie wh ithe jot of the eae and upon the pes. From tat moment te cartes ay ecerealy Sarr parermance, sujet tthe aw govern meeting of te mies bab the parias on the purchase of Lot ih on wes of 26087 square frees at P21 a square met’ and he PHHC boast recor aos WENN fg In Whang the PINGOLY. COURT OF APPEALS. trade pa syeort ora! ered pon te lane hos mee sebsble movement erect S Siu tebe ut wear he hue apanet the ‘onder who had reise to Fant the te thi & Shsolue ie, an equibie ie beng auteant © he Pm wn persone to bing an octon 1 a6 Bo im wee gat be iar outs adncceo eon Sia See Rane, PAROLE Ce. In 1984, Danasco dna and was only ale 0 pay Pa. in P2000 cevepaymen lave 3 ance Or Pio‘st. The hers of Donsace remained fsseson of much bt ane fares 1 ate he fStonce wih Ping However Pngl tlased bo That he hea ofDonaso fed an ator tor specie parormance. uth raver for" Wit oF Prin Inuneton, because Frgel were encroaching won Dasa ‘a Bel area tha the ale and enter of ti way Santana’ upan thal payment F bonascn (cad! to sel nat conta sf ase), en Gonsocss rach of contact 1878 and oath 100, te ele was Seemed cancald. ond the hers) cornous occupancy was ony beg (artes by Png issues: [t]Whtar ene ge co elute to water te to Donasce [By Water ere Danse hase igo il le (1) No. The conrac betwen Png nd Donasco fs ‘te conact cen anew mathe partes er an ‘cle dod of ee owersi of te twat {farwered t te Donaso pon ts ata (upon Sanauoospersestion ant sovtcton oa tee) sd eantcive. dlr (upon exec oe Emus Th Sven fhe it vei Pag tt ‘Snershpand he anno revere We ules he wots resoed or rescind une’ At 1682 oF SCE"ismtos mar ne vendo may pay ven ar tne ‘eoton of the, pai! atpuisd lng es Sta "or macscon nar been aca ton Sire scily ar by tla! 2c Pree nether 3a Soe. Bons hs eae We ovr te Drover (2) atnough ne comptes by he Doo wat ‘Tia qu hs A Saunas beon at ont fo. ‘freedom ty Ine exon of he dees of {Seance deroy of ne ogee of te conta Fret adamant ves To scp be payer By Bmencos ond asa tty ho ange hd he ‘Sbigaton te vaste te. Denatco, who hae mado paris) payments and uti cer ht span Piga wo tne ‘anuectna whit nt necednay hat eveico Sous have on saat ie, on end e bog ‘Ritcen to cote hen wn peat fo Bag 3h ssntoquettte Fuey.ca Fats: cregoro Fue, a barker and a ens ofr st nis paral of and to Or Cruzin exchange fr P40 000 {nda damond earing owned by eater. A od of sbeoute sat was preted by Ay. elarmin, and ‘on he came day Fue wert tho bark wn Dhosd ‘nd Mendoza, and Or riz aries shertyereaer Dr Cz gol the earings om her sfey depot box fndnanded tte Fue wha when sbi Foe ware