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PHILIPPINE BLOOMING MILLS CO. v. SOCIAL SECURITY SYSTEM

This case has been cited 2 times or more.

2016-02-03
BRION, J.
The respondent Jose G. Hosana (Jose) married Milagros C. Hosana (Milagros) on January 14, 1979.[4] During their marriage, Jose and Milagros bought a house and lot located at Tinago, Naga City, which lot was covered by Transfer Certificate of Title (TCT) No. 21229.[5]
2016-02-03
BRION, J.
On January 13, 1998, Milagros sold to the petitioner Tomas P. Tan, Jr. (Tomas) the subject property, as evidenced by a deed of sale executed by Milagros herself and as attorney-in-fact of Jose, by virtue of a Special Power of Attorney (SPA) executed by Jose in her favor.[6] The Deed of Sale stated that the purchase price for the lot was P200,000.00.[7] After the sale, TCT No. 21229 was cancelled and TCT No. 32568 was issued in the name of Tomas.[8]