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MARIANO BELLEZA v. ANICETO ZANDAGA

This case has been cited 2 times or more.

	GR No. 184005 2009-08-04	TOP ART SHIRT MANUFACTURING v. METROPOLITAN BANK CHICO-NAZARIO, J.
It is settled that upon receipt of the definitive deed in an execution sale, legal title over the property sold is perfected (33 C. J. S. 554). And this court has also [said] and that the land bought by him and described in the deed deemed (sic) within the period allowed for that purpose, its ownership becomes consolidated in the purchaser, and the latter, "as absolute owner . . . is entitled to its possession and to receive the rents and fruits thereof." (Powell v. Philippine National Bank, 54 Phil., 54, 63.) x x x.[19]
	GR No. 164919 2008-07-04	CHINA BANKING CORPORATION v. SPS. TOBIAS L. LOZADA AND ERLINA P. LOZADA CHICO-NAZARIO, J.
It is settled that upon receipt of the definitive deed in an execution sale, legal title over the property sold is perfected (33 C. J. S. 554). And this court has also [said] and that the land bought by him and described in the deed deemed (sic) within the period allowed for that purpose, its ownership becomes consolidated in the purchaser, and the latter, as absolute owner is entitled to its possession and to receive the rents and fruits thereof. (Powell v. Philippine National Bank, 54 Phil., 54, 63.) x x x.[47] It is thus settled that the buyer in a foreclosure sale becomes the absolute owner of the property purchased if it is not redeemed during the period of one year after the registration of the sale. As such, he is entitled to the possession of the said property and can demand it at any time following the consolidation of ownership in his name and the issuance to him of a new transfer certificate of title. The buyer can in fact demand possession of the land even during the redemption period except that he has to post a bond in accordance with Section 7 of Act No. 3135, as amended. No such bond is required after the redemption period if the property is not redeemed. Possession of the land then becomes an absolute right of the purchaser as confirmed owner. Upon proper application and proof of title, the issuance of the writ of possession becomes a ministerial duty of the court.[48]