Question
1. Molly owns a property in Pandi, Bulacan worth Php500,000.00. She wants to start a business, so decided to sell his property to Edwin for
1. Molly owns a property in Pandi, Bulacan worth Php500,000.00. She wants to start a business, so decided to sell his property to Edwin for Php200,000.00 because that's all she needs to start up a business. After two years, Molly decided to buy back the property form Edwin. Edwin however refuses to give her property back claiming that he is now the owner, the property having been conveyed to him by Molly through a Deed of Absolute sale.Molly no comes to you for advice. Can Molly still get the property back from Edwin? Explain your answer.
Who is a redemptioner and what are his obligations?
Is taxes considered useful expense for purposes of redemption?
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