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Complaint of Quieting of Title
Complaint of Quieting of Title
BAILEY NAVARRO,
Defendant.
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COMPLAINT
COMES NOW the plaintiff by the undersigned counsel, and unto this
Honorable Court, respectfully avers that:
3. In April of 2014, plaintiffs were able to fully pay for the agreed
purchase price of the property covered by TCT No. 43567 of the Registry of
Deeds for Dipolog City and accordingly, a Deed of Absolute Sale dated
April 12, 2014 was executed by and between Railey Development Resources
Corporation and the original owner’s copy of TCT No. 43567 of the
Registry of Deeds for Dipolog City accordingly turned over to them;
6. She was thus surprised to learn from the Registry of Deeds for
Dipolog City that on October 14, 2015, the property in question was sold by
defendant Bailey Navarro as the highest bidder for the price and
consideration of P650,000.00 as shown in Bailey’s Final Deed of Sale;
8. A casual perusal of the Bailey’s Deed of Sale will reveal that the
execution price of P650,000.00 is grossly inadequate to pay for real
properties listed therein with fair market values conservatively estimated at
P3,000,000.00.
2. The facts stated in the above complaint are true and correct to the
best of our knowledge and authentic records;
3. I have not commenced any action or filed any claim involving the
same issues in any court, tribunal or quasi-judicial agency and, to
the best of my knowledge, no such other action or claim is pendig
in them; and
4. If I should learn that the same or similar action or claim has been
filed or is pending after its filing, I shall report that fact within five
(5) days from notice the court or where the complaint or initiatory
pleading has been filed.
Affiant
Doc No. 5
Page No. 6
Book No. 1
Series of 2016.