This case has been cited 1 times or more.
|
2003-12-08 |
YNARES-SATIAGO, J. |
||||
| In De Guzman, Jr. v. Court of Appeals,[25] we held that the failure of appellees to take the ordinary precautions which a prudent man would have taken under the circumstances, specially in buying a piece of land in the actual, visible and public possession of another person, other than the vendor, constitutes gross negligence amounting to bad faith. One who purchases real property which is in the actual possession of another should, at least make some inquiry concerning the right of those in possession. The actual possession by a person other than the vendor should, at least put the purchaser upon inquiry. He can scarcely, in the absence of such inquiry, be regarded as a bona fide purchaser as against such possessors. [26] | |||||