Title
Spouses Tongson vs. Emergency Pawnshop Bula, Inc.
Case
G.R. No. 167874
Decision Date
Jan 15, 2010
A land sale dispute arose when buyer Napala issued a dishonored check for P2.8M after undervaluing property in the deed. Fraud during consummation, not contract perfection, led to rescission, reconveyance, and reduced damages. BIR directed to probe tax evasion.
A

Case Digest (G.R. No. 167874)

Facts:

  • Parties and Property
    • Spouses Carmen S. Tongson and Jose C. Tongson (later substituted by their children) owned a 364-sqm lot in Davao City covered by TCT No. 143020.
    • Emergency Pawnshop Bula, Inc. (EPBI), represented by Danilo R. Napala, offered to purchase the lot for ₱3,000,000 in May 1992.
  • Memoranda of Agreement and Deed of Sale
    • On 8 May 1992, the parties executed a Memorandum of Agreement stating a ₱3,000,000 selling price (Exhibit “B”).
    • On 2 December 1992, a Deed of Absolute Sale was prepared indicating a consideration of only ₱400,000 (Exhibit “C”).
    • A second Memorandum of Agreement was executed to “jibe” the selling price in the deed with ₱400,000.
  • Payment and Transfer of Title
    • Upon signing the Deed of Absolute Sale, Napala paid ₱200,000 in cash and issued a post-dated Philippine National Bank check for ₱2,800,000 (Exhibit “D”).
    • TCT No. 143020 was canceled and TCT No. T-186128 issued in the name of EPBI (Exhibit “F”).
  • Dishonor of Check and Judicial Proceedings
    • The PNB check was dishonored due to “insufficient funds.”
    • On 11 February 1993, the Spouses Tongson filed a Complaint for Annulment of Contract and Damages, praying also for temporary and preliminary injunctions (Regional Trial Court, Davao City, Civil Case No. 21,858-93).
    • Respondents answered, alleging valid delivery of the ₱2,800,000 check evidenced by a Spouses Tongson receipt and claiming no basis for the complaint.
    • At pre-trial, Napala admitted issuing the check; the Spouses Tongson admitted receipting it. Trial ensued.

Issues:

  • Whether the contract of sale can be annulled based on the fraud employed by Napala.
  • Whether the Court of Appeals erred in reducing the amount of damages awarded by the trial court.

Ruling:

  • (Subscriber-Only)

Ratio:

  • (Subscriber-Only)

Doctrine:

  • (Subscriber-Only)

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