Title
Development Bank of the Philippines vs. Court of Appeals
Case
G.R. No. 110053
Decision Date
Oct 16, 1995
DBP sold timberland to spouses Mangubat, unaware of its inalienable status. Sale annulled; spouses repaid loan, DBP returned purchase price. No bad faith found, damages denied.

Case Summary (G.R. No. 179441)

Relevant Transactions and Property History

Pacifico Chica originally mortgaged the land to DBP in 1965 to secure a loan. After default, DBP foreclosed extrajudicially and secured ownership through auction sale in 1970. In 1980, the Mangubats offered to buy the property; DBP countered and finalized a sale contract in 1981 with a waiver of warranty against eviction included in the deed. However, a government certification later declared the land timberland, thus inalienable and not subject to disposition.

Loan Application and Mortgage

Despite the timberland classification, DBP approved a tree planting loan of P140,000 to the Mangubats, with DBP undertaking to secure land release from the Ministry of Natural Resources. To secure repayment, the Mangubats executed a mortgage over the property, which was registered. After partial loan proceeds disbursed, further releases were withheld due to the unresolved land release.

Trial Court Proceedings

The Mangubats sued DBP seeking annulment of the sale deed on grounds that the property was public domain and DBP had misrepresented ownership and acted fraudulently by including a waiver of warranty against eviction. DBP denied fraud, asserting valid ownership via foreclosure sale and argued the annulment would prejudice it as the loan funds had been released.

Trial Court Decision

The Regional Trial Court annulled the deed of sale, ordered DBP to return the P25,500 purchase price plus interest, reimburse taxes and survey costs, and awarded damages and attorney’s fees to the respondents. DBP appealed.

Court of Appeals Ruling

The Court of Appeals partially modified the decision by deleting the award of damages, attorney’s fees, and litigation expenses, but affirmed the annulment of the deed of sale and the return of the purchase price plus interest and reimbursements. DBP sought reconsideration which was denied.

Issues on Review

DBP raised two principal issues before the Supreme Court: (1) whether the Mangubats should be ordered to pay the outstanding loan obligation secured by the mortgage despite the annulled sale, and (2) whether DBP must reimburse the Mangubats for the purchase price, taxes, and survey expenses.

Supreme Court’s Analysis on Contract Nullity and Restitution

The Court acknowledged the annulment of the deed was final and binding. It emphasized that where a contract is void ab initio, both parties must be restored to their original positions (restitutio in integrum). It found the absence of bad faith on both sides, thus necessitating the return of the purchase price with legal interest. Reliance was placed on Philippine and American jurisprudence affirming that money paid under a contract without valid consideration due to title defects is recoverable.

Reimbursement of Taxes and Survey Expenses

Although the trial court admitted a “list of damages” submitted by the respondents as evidence, the Supreme Court found it insufficient to support reimbursement claims for taxes and survey expenses. The list lacked official receipts or substantiating documents and was considered self-serving. The Court reiterated the rule that actual damage claims must be proven with reasonable certainty and cannot be awarded on mere speculation or inadequate evidence.

Obligation to Pay Loan Amount Despite Annulment of Sale

The Supreme Court clarified that the loan contract was distinct and independent of the deed of sale. The annulment of the sale and, consequently, the mortgage did not affect the liability of the Mangubats to pay the loan principal plus interest agreed upon in the loan agreement. The nullity of the security interest (mortgage) impacts only the right to foreclose on the land but not the existence or enforceability of the loan obligation itself.

Evidentiary Sufficiency of the Loan Contrac

...continue reading

Analyze Cases Smarter, Faster
Jur is a legal research platform serving the Philippines with case digests and jurisprudence resources.