G.R. No. L-14303 - Rehabilitation Fice Corp. vs. Alto Surety and Insurance Co., Inc.

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G.R. No. L-14303: Rehabilitation Fice Corp. vs. Alto Surety and Insurance Co., Inc.

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Title Supreme Court: Rehabilitation Fice Corp. vs. Alto Surety and Insurance Co., Inc.

Case: G.R. No. L-14303

Decision Date: Mar 24, 1960

Eustaquio Palma mortgaged land to RFC, later to Alto. RFC foreclosed, sold to Trinidads, but Alto's lien remained valid as it wasn't notified. Court upheld Alto's rights, denied RFC's petition to cancel annotation.

cancellation of annotation

second mortgage

junior encumbrancer

Very Short 8 min

0.5x of typical case length

END