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Tongson V Emergency
Tongson V Emergency
FACTS:
o In May 1992, Napala offered to purchase from the spouses
Tongson their 364-square meter parcel of land, situated in Davao
City and covered by TCT #143020. Finding the offer acceptable,
the spouses executed with Napala a Memorandum of Agreement
dated May 8, 1992.
o On Dec 2, 1992, respondent prepared a Deed of Absolute Sale
indicating the consideration as only P400,000.
o To conform with the consideration stated in the Deed of Absolute
Sale,
the
parties
executed
another
Memorandum
of
The court ordered the rescission of the contract of sale between the