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    Case Title(s) and Citation Legal Question/problem/issue Presented by The Case(s) Why Is This A Problem? Legal Provisions/Legal Principle or Rule Involved Conclusion Balus v. Balus

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    Maireen Jade Namoro
    This case discusses whether a parcel of land was part of the Estate of Rufo. Rufo mortgaged the land as security for a loan in 1979. He failed to pay back the loan and the property was foreclosed on and sold to the Rural Bank. Rufo died in 1984. In 1989, his three children claimed the land as part of Rufo's estate through an Extrajudicial Settlement. However, the court determined that Rufo lost ownership of the land during his lifetime through foreclosure. Therefore, the land was not part of Rufo's estate at the time of his death and his children did not inherit any claim to the property.

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    Case Title(s) and Citation Legal Question/problem/issue Presented by The Case(s) Why Is This A Problem? Legal Provisions/Legal Principle or Rule Involved Conclusion Balus v. Balus

    Uploaded by

    Maireen Jade Namoro
    44 views1 page
    This case discusses whether a parcel of land was part of the Estate of Rufo. Rufo mortgaged the land as security for a loan in 1979. He failed to pay back the loan and the property was foreclosed on and sold to the Rural Bank. Rufo died in 1984. In 1989, his three children claimed the land as part of Rufo's estate through an Extrajudicial Settlement. However, the court determined that Rufo lost ownership of the land during his lifetime through foreclosure. Therefore, the land was not part of Rufo's estate at the time of his death and his children did not inherit any claim to the property.

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    This case discusses whether a parcel of land was part of the Estate of Rufo. Rufo mortgaged the land as security for a loan in 1979. He failed to pay back the loan and the property was foreclosed on and sold to the Rural Bank. Rufo died in 1984. In 1989, his three children claimed the land as part of Rufo's estate through an Extrajudicial Settlement. However, the court determined that Rufo lost ownership of the land during his lifetime through foreclosure. Therefore, the land was not part of Rufo's estate at the time of his death and his children did not inherit any claim to the property.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    44 views1 page

    Case Title(s) and Citation Legal Question/problem/issue Presented by The Case(s) Why Is This A Problem? Legal Provisions/Legal Principle or Rule Involved Conclusion Balus v. Balus

    Uploaded by

    Maireen Jade Namoro
    This case discusses whether a parcel of land was part of the Estate of Rufo. Rufo mortgaged the land as security for a loan in 1979. He failed to pay back the loan and the property was foreclosed on and sold to the Rural Bank. Rufo died in 1984. In 1989, his three children claimed the land as part of Rufo's estate through an Extrajudicial Settlement. However, the court determined that Rufo lost ownership of the land during his lifetime through foreclosure. Therefore, the land was not part of Rufo's estate at the time of his death and his children did not inherit any claim to the property.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Legal

    Legal Provisions/Legal
    Case Title(s) and question/problem/issue
    Why is this a problem? principle or Rule Conclusion
    Citation presented by the
    Involved
    case(s)
    Balus v. Balus Is the subject land part On January 3, 1979, Rufo mortgaged a Article 777 of the New No, the subject land is not part of the
    of the Estate of Rufo? parcel of land as security for a loan he Civil Code provides that estate of Rufo.
    G.R. No. 168970, obtained from the Rural Bank of the rights to a person’s
    January 15, 2010 Maigo, Lanao del Norte. Rufo failed to succession are Rufo lost ownership of the subject
    pay his loan. As a result, the mortgaged transmitted from the property during his lifetime, it only
    property was foreclosed and was moment of his death. follows that at the time of his death, the
    subsequently sold to the Bank. The disputed parcel of land no longer
    property was not redeemed within the The inheritance of a formed part of his estate to which his
    period allowed by law. The sheriff then person consists of the heirs may lay claim. His children never
    executed a Definite Deed of Sale in the property and inherited the subject lot from their
    Bank’s favor. transmissible rights and father.
    obligations existing at
    Rufo died on July 6, 1984. On October the time of his death, as
    10, 1989, his three children executed well as those which
    an Extrajudicial Settlement of Estate have accrued thereto
    adjudicating to each of them a specific since the opening of the
    one-third portion of the subject succession.
    property.

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