Title
Coca-Cola Bottlers Philippines, Inc. vs. Spouses Soriano
Case
G.R. No. 211232
Decision Date
Apr 11, 2018
Spouses unknowingly mortgaged property to Coca-Cola; claimed fraud, but SC upheld mortgage and foreclosure as valid despite improper notarization.

Case Summary (G.R. No. 211232)

Factual Background

The respondents sold Coca‑Cola products in Tuguegarao City. In 1999, they delivered two certificates of title to respondent Cipriano of petitioner as purported security for the continuation of their business and signed a document under assurance that notarization would not occur. Thereafter, the respondents ceased selling the products and verbally demanded return of their titles, but the titles were not returned. When the respondents sought new titles, they discovered their land was mortgaged in favor of petitioner and that the mortgage had been foreclosed.

Trial Court Proceedings

The respondents filed a complaint for annulment of the sheriff’s foreclosure sale and nullification of the real estate mortgage (REM). The Regional Trial Court declared the REM and the sheriffs certificate of sale null and void, removed the cloud on title, ordered surrender of the titles to the respondents, and awarded moral damages and attorney’s fees. Petitioner appealed to the Court of Appeals.

Court of Appeals Ruling

The Court of Appeals affirmed the RTC decision in toto. The CA found defects in the notarization of the REM: the mortgagors did not acknowledge the deed before the clerk of court during notarization; only one witness signed instead of two; and the mortgagors did not appear to acknowledge the deed as their free and voluntary act. The CA concluded that failure to comply substantially with the required form under Section 112 of P.D. 1529 rendered the REM and the subsequent extrajudicial foreclosure invalid.

Issues Presented to the Supreme Court

The central issue was whether the REM was valid where (one) the mortgagors admittedly signed the deed but in a place different from that stated in the document and under the belief it would not be notarized, and (two) the deed was notarized without authority and without compliance with the formalities prescribed by Section 112 of P.D. 1529; and whether the foreclosing sale pursuant to that REM was valid.

Parties' Contentions

Petitioner argued that defects in notarization affect registrability but not the validity of the REM inter partes, invoking Article 2125 and related jurisprudence that an unrecorded REM is nevertheless binding between the parties. Petitioner further contended there was no forgery because the respondents admitted execution of the REM. Respondents maintained the REM and foreclosure were null for lack of proper notarization, absence of required witnesses, alleged forgery or fraud, and noncompliance with the statutory form.

Supreme Court Ruling

The Supreme Court granted the petition. The Court reversed and set aside the decisions of the RTC and the Court of Appeals and dismissed the respondents’ complaint for lack of merit. The Court held that the REM was valid between the parties and that the foreclosure proceedings were likewise valid.

Legal Basis and Reasoning

The Court reiterated that the requisites for a valid mortgage are set forth in Article 2085, and that Article 2125 expressly provides that while recording is necessary for third‑party effect, failure to record does not affect the mortgage’s binding character between the parties. The Court cited PDCP v. BPI and Mobil Oil Philippines, Inc. v. Ruth R. Diocares for the proposition that an unregistered REM binds the contracting parties. The Court found that the CA erred in concluding that the parties could not be bound by the REM on account of formal defects, because the REM in this case was in fact registered and annotated on the title, even if notarization contained formal irregularities.

On Defective Notarization and Evidentiary Consequences

The Court recognized that defective notarization stripped the instrument of its public document character and reduced it to a private document. The Court explained that Article 1358 requires a public document as to form but that failure to observe that form does not render the contract invalid. Because the REM was thereby treated as a private document, the standard of proof shifted from clear and convincing evidence to preponderance of evidence. The Court applied Section 20, Rule 132 for proof of private documents and held that the party invoking the document must prove due execution and authenticity.

Findings on Execution, Forgery, and Fraud

The Court observed that the respondents admitted signing the REM, and that such admission constituted proof of due execution and genuineness for purposes of treating the instrument as a private document. The Court contrasted the present admissions with authorities requiring a sworn denial to raise forgery issues, citing Lamberto Songco v. George C. Sellner. The Court further held that respondents’ allegations of fraud were unsubstantiated and amounted at most to dolo inciden

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