This case has been cited 1 times or more.
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2000-02-08 |
YNARES-SANTIAGO, J. |
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| This is well-supported in jurisprudence, which has consistently held that under Act No. 1120, the equitable and beneficial title to the land passes to the purchaser the moment the first installment is paid and a certificate of sale is issued.[14] Furthermore, when the purchaser finally pays the final installment on the purchase price and is given a deed of conveyance and a certificate of title, the title, at least in equity, retroacts to the time he first occupied the land, paid the first installment and was issued the corresponding certificate of sale.[15] | |||||