This case has been cited 1 times or more.
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2008-08-06 |
BRION, J. |
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| Thus, barring any defect in the sale itself and assuming that Chieng did not have any prior knowledge, constructive or otherwise, of any defect in Ravelo's title, Chieng has a prior claim to the property that is protected by the fact of registration and by his status as an innocent buyer in good faith and for value. The legal protection offered by registration under the Torrens system compels us to recognize the validity of the claim of an innocent purchaser for value despite any defect in the vendor's title.[11] Likewise, it does not matter that the final deed of sale and transfer of registration of the title to Chieng, as innocent purchaser for value at an auction sale, occurred subsequent to the annotation of the intervening notice of lis pendens, as the final deed of sale and transfer are the necessary consequences of the previously registered notice of levy and certificate of sale.[12] | |||||