This case has been cited 2 times or more.
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2006-09-19 |
AUSTRIA-MARTINEZ, J. |
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| Absent one or two of the foregoing conditions, then the law itself puts the buyer on notice and obliges the latter to exercise a higher degree of diligence by scrutinizing the certificate of title and examining all factual circumstances in order to determine the seller's title and capacity to transfer any interest in the property.[42] Under such circumstance, it is no longer sufficient for said buyer to merely show that he relied on the face of the title; he must now also show that he exercised reasonable precaution by inquiring beyond the title.[43] Failure to exercise such degree of precaution makes him a buyer in bad faith.[44] | |||||
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2006-02-28 |
CARPIO MORALES, J. |
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| Respondent nevertheless claims that she is an innocent purchaser for value, which has been described as "one who purchases a titled land by virtue of a deed executed by the registered owner himself not by a forged deed."[61] | |||||