legal Free Legal Advice

[coolestboy]

Coolestboy,

 

to me, it does.

<{POST_SNAPBACK}>

 

 

atty its an actual case.

[bokam]

Coolestboy,

 

Since Marcelo, the vendor, does not have any objection as to the object of the sale, then cancellation of the first sale isnt necessary. The parties can just reform the instrunent to reflect their true intention.

 

The problem lies, however, with the Reigster of Deeds since the Certificate of Title is already issued in favor of the vendee. The best thing to do here is to ask the Register of Deeds on how to remedy the problem. Most probably the RD would advise the party to execute a "Deed of Reconveyance" so that the title will revert back to the previous owner.

[coolestboy]

Coolestboy,

 

Since Marcelo, the vendor, does not have any objection as to the object of the sale, then cancellation of the first sale isnt necessary. The parties can just reform the instrunent to reflect their true intention.

 

The problem lies, however, with the Reigster of Deeds since the Certificate of Title is already issued in favor of the vendee. The best thing to do here is to ask the Register of Deeds on how to remedy the problem. Most probably the RD would advise the party to execute a "Deed of Reconveyance" so that the title will revert back to the previous owner.

<{POST_SNAPBACK}>

 

 

Thanks very much, atty.

 

If Marcelo executes a Deed of Reconveyance, what is the consideration? For example if Marcelo sold lot A for 100,000 pesos but the vendee wants lot B, will Marcelo the vendor pay back 100,000 pesos in the deed of reconveyance?

 

Thanks again.

 

Btw, another question (and i hope ull not start to charge me, sir)....A corporation sued a debtor. the debtor for his defense claimed that the corporation has no personality as it has found out the SEC has revoked its authority this year for non-filing of corp reports. Wala na bang way ang corp humabol kasi wala na sila personality?

 

Very many thanks, atty.

[deejay4]

thank you so much atty. bokam...

 

god bless...

[bokam]

Coolestboy,

 

The deed of reconveyance will only serve to remedy the error made by the parties by reverting the ownership over Lot A back to Marcelo.

 

There is no need for Marcelo to give the money back to Jose if he has no objection to the P100,000.00 consideration price for Lot B. There will be fees to be paid to the RD though.

 

 

As to your second query:

 

For the purpose of winding up, the corporation can continue as a corporate body for three years for the purpose of winding up and liquidation.

 

Therefore, the corporation can still claim from its debtor. The defense of the debtor has no basis since the law grants the corporation 3 years within which to wind up and liquidate its assets.

[bokam]

Coolestboy,

 

The three year period for winding up and liquidation is counted from the date of revocation of the corporate frnachise.

[bokam]

Deejay4,

 

No problem! :thumbsupsmiley:

[-=extreme=-]

HELP!!!

 

I just upgraded from Win2K to XP... You know how it is when you log as a user sa XP di ba? You should simply click on the User (with Icon) then key in your password.  Its not happening sakin eh, when i log I still have the Win 2000 login screen wherein may username and you have to type the password.  i have tried to "change the way user log on / off" under control panel but this is what I get  ...

<{POST_SNAPBACK}>

 

A thrid party application causing the issue, and I think its pc anywhere. If you have uninstall it.

 

Also check registry and remove this line to make sure it will not load anymore.

 

HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows NT\CurrentVersion\Winlogon\Ginadll

[-=extreme=-]

A thrid party application causing the issue, and I think its pc anywhere. If you have uninstall it.

 

Also check registry and remove this line to make sure it will not load anymore.

 

HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows NT\CurrentVersion\Winlogon\Ginadll

<{POST_SNAPBACK}>

 

Check also this link.

 

http://support.microsoft.com/default.aspx?...EN-US%3BQ321031

[tonsy]

tnx for the help guys,appreciated it!!

[coolestboy]

bokam atty...youre the best!!! thanks....

[CommSys]

gusto kong revival ng "Crazy for you" by madonna ginawang alternative rock ang dating. ayos naman astig. ayoko yung mga revival ng mga acoustics (mostly pinoy) konting dagdag na hiyaw at pahabain lang yung pag twitch ng boses eh release kagad. nakakainis na kasi mostly sa Myx countdown mga revivals.  pweh! :thumbsdownsmiley:

<{POST_SNAPBACK}>

 

 

dyt crazy for you ang ganda ng pgkakaarange...dpt kc pg rinevive nila they cn give justice 2 d song..mabigyan sana nila ng sariling buhay..bt if im the songwriter i'l be proud if rerevive nila..like this song Crazy for you, i think matagal na 2..it only means that your song is timeless, it bridges gap..

[zuliatardis]

ok nga yung arrangement ng bagong version ng crazy for you, bad trip lang yung kumanta, sana iba na lang...

[roxysnonie]

 

this is so dyahe...

 

after being used to installing windows os, i forgot na how to use dos!

 

paano nga ang step by step ng chkdsk? i think its about time i do some on the pc's in the house...

 

hehehe...thanks!

[Gideon]

YUng kay MJ na "She's Out of My Life". Ni-revive ni Josh Groban