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PHILIPPINE NATIONAL BANK v. TAN ONG ZSE

This case has been cited 2 times or more.

2008-12-18
TINGA, J.
WHEREFORE, our decision dated 13 September 2002 is hereby reconsidered. Accordingly, the Register of Deeds of Quezon City is hereby directed to cancel TCT No. RT-22481 of private respondents and the LRA is hereby directed to reconstitute forthwith petitioners' valid, genuine and existing Certificate of Title No. T-210177.[19]
2000-03-27
GONZAGA-REYES, J.
On petitioners' second ground, we note that the Deed of Sale dated March 15, 1964 which purportedly designates Vicenta as a co-buyer of the property was not even presented in evidence. The entry in OCT No. 0-9198 of the Deed of Sale bears no weight in proving Vicenta's supposed co-ownership, applying petitioners' own argument that the document itself, the Deed of Sale in the instant case, is the best evidence of its contents. The memorandum in the OCT is not admissible as evidence of the contents of said Deed of Sale, but only of the fact of its execution, its presentation for notation, and its actual notation for purposes of constructive notice to the public of the preferential rights created and affecting that property.[22] Besides, even if said Deed of Sale was submitted in evidence, it still has no bearing because it could not be said to affect or bind third parties to the sale, such as private respondents herein.