G.R. No. 47070 - Mulet vs. People

Mulet vs. People

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Title Supreme Court: Mulet vs. People

Case: G.R. No. 47070

Decision Date: Jul 19, 1941

Cuizon borrowed P200 from Mulet at 30% interest, leading to repeated pacto de retro sales based on usurious interests. Mulet consolidated ownership, but the court nullified the final sale, ruling it void due to usury. Cuizon was entitled to recover the property or its value directly from Mulet.

usury law

accumulated usurious interests

deed of sale

Very Short 4 min

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