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ROMY AGAG v. ALPHA FINANCING CORPORATION

This case has been cited 2 times or more.

2009-07-31
NACHURA, J.
It must also be noted that portions of the subject property had already been sold to third persons who, like DBT, are innocent purchasers in good faith and for value, relying on the certificates of title shown to them, and who had no knowledge of any defect in the title of the vendor, or of facts sufficient to induce a reasonably prudent man to inquire into the status of the subject property.[63] To disregard these circumstances simply on the basis of alleged continuous and adverse possession of respondents would not only be inimical to the rights of the aforementioned titleholders, but would ultimately wreak havoc on the stability of the Torrens system of registration.
2006-07-31
CORONA, J.
A contract arises upon the meeting of the minds of two parties who agree on the thing and the cause which constitutes it.[8] The contract may be reduced in writing or determined by the contemporaneous and subsequent acts of the parties,[9] unless a specific form is required by law.