Case Summary (G.R. No. L-1282)
Judicial Sale and Redemption Rights
- The Japanese occupation did not suspend the right to redeem properties when local courts were functioning regularly.
- The redemption period for properties sold at auction is not extended due to wartime conditions if the courts are operational.
Financial Hardship and Non-Redemption
- Financial hardship is not a valid excuse for failing to redeem properties after a judicial sale.
- A shortage of funds does not prevent the execution of a sale, emphasizing the importance of adhering to legal timelines.
Inadequacy of Price in Judicial Sales
- Mere inadequacy of the sale price is insufficient to annul a judicial sale.
- Courts will only intervene in cases where the inadequacy of price is so extreme that it shocks the conscience.
- The assessed value of the properties and the sale price must be considered, and in this case, the price did not shock the conscience.
Debt Moratorium and Redemption Money
- The debt moratorium under Executive Order No. 32 does not apply to redemption money, as it only prohibits the enforcement of debts through legal action.
- The judgment debtor is not considered in debt for the redemption money, and thus the moratorium does not affect the redemption period.
- Even if the moratorium were applicable, it would not revive a redemption period that had already expired.
Court's Deci...continue reading
Case Syllabus (G.R. No. L-1282)
Case Overview
- The case involves Juan S. Barrozo (plaintiff and appellant) seeking to repurchase his properties that were sold at a public auction after a court judgment against him.
- The sale occurred on April 28, 1941, and the plaintiff argues that the one-year redemption period should be extended due to the effects of World War II.
- The matter was submitted to the Court of First Instance of Pangasinan for resolution based on a stipulation of facts.
Background Facts
- Barrozo owned multiple parcels of land, which were subject to a mortgage with the Agricultural & Industrial Bank.
- A complaint by Tableria B and S against Barrozo led to a judgment ordering him to pay a debt, resulting in the execution and sale of his properties.
- These properties were sold to Jose B. Biagtan, who later transferred them to the defendant spouses Marcelino T. Macaraeg and Asuncion V. Sison-Macaraeg.
Legal Issues Presented
- The primary issue was whether the war conditions suspended or extended the statutory period for Barrozo to redeem his properties.
- Barrozo's position was that the Japanese occupation affected his ability to redeem the properties, and he sought relief from ...continue reading