This case has been cited 2 times or more.
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2011-07-27 |
BERSAMIN, J. |
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| To start with, one who deals with property registered under the Torrens system need not go beyond the certificate of title, but only has to rely on the certificate of title. [21] He is charged with notice only of such burdens and claims as are annotated on the title. [22] The pertinent law on the matter of burdens and claims is Section 44 of the Property Registration Decree, [23] which provides: Section 44.Statutory liens affecting title. -- Every registered owner receiving a certificate of title in pursuance of a decree of registration, and every subsequent purchaser of registered land taking a certificate of title for value and in good faith, shall hold the same free from all encumbrances except those noted on said certificate and any of the following encumbrances which may be subsisting, namely: | |||||
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2009-11-27 |
CARPIO, J. |
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| In Agricultural and Home Extension Development Group v. Court of Appeals,[58] a buyer in good faith is defined as "one who buys the property of another without notice that some other person has a right to or interest in such property and pays a full and fair price for the same at the time of such purchase or before he has notice of the claim or interest of some other person in the property." | |||||