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Oct 3, 2017 @ 20:32

Ayalas appeal SC ruling on Las Pinas property

 

Ayala Land Inc. has asked the Supreme Court to reconsider a decision that nullified its ownership of a prime 6.7 hectare lot in Las Pinas City, saying the titles of the property can be traced back to original certificates of titles (OCT) issued in 1950.

In a 30-page ruling, the Supreme Court acknowledged petitioners Yu Hwa Ping and Mary Gaw and the heirs of Andres Diaz and Josefa Mia as the rightful owners of the property.

The property, located inside the Ayala Southvale subdivision in Las Pinas, had been converted into a golf course and a materials depot.

The SC found several errors in the land survey details, thus affecting the validity of the titles.

“To allow these certificates of title in the registration books even though these were sourced from invalid surveys would tarnish and damage the Torrens system of registration, rather than uphold its integrity, “ the SC said.

“ALI’s titles can be traced back to original certificates of titles (OCT) that were issued decades prior to the OCTs from which the claimants’ title came from. In particular, ALI’s titles are traced back to OCTs issued in 1950 and 1958 whereas the claimants’ titles are traced back to an OCT issued in 1970,” the Ayala-led property firm said.

“Claimants’ predecessors opposed ALI’s application and participated, but lost, in the original land registration proceedings which led to the issuance of decrees for registration in favor of ALI’s predecessors. Thus, claimants are barred by prescription, laches and res judicata,” ALI added.

ALI said it purchased the properties after an examination of its derivative titles which on their face did not indicate any defect or flaw, thereby making ALI an innocent purchaser for value.

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