CAPACITIES OF PARTIES IN A CONTRACT OF SALE

ARAKOR CONSTRUCTION AND DEVELOPMENT CORPORATION, PETITIONER, VS. TERESITA G. STA. MARIA

G.R. No. 215006, January 11, 2021

Please read first the case and then, answer the following questions:

1. Who were the original owners of the contested five parcels of land sold to Arakor Construction and Development Corporation?

2. What was the proof of sale presented to support the consummation of the contract of sale?

3. Who was in possession of the properties since September 1992?

4. After reading the decision of the Supreme Court, are the deeds of absolute sale valid? (Answer this question with a simple YES or NO. No need to explain.)

5. Support your answer in Question No. 4. (Make sure that you base your answer with the decision of the Supreme Court. You have the liberty to paraphrase your answer or you can copy the important decision of the SC to give legal basis to your answer)