Lopez vs. Orosa; Property 8/15/2013 0 Comments G.R.
Nos.
L-10817-18
February
28 ,
1958
ett to one nerr Lo! o!es es "a "as s #o #on n$ $ bus busne ness ss un un#e #err Facts: Pet t%e name Caste&o 'a"m&& . (%e )ase starte# "%en res!on#ent *rosa n+te# !ettoner to on %s +enture o !uttn$ u! a )or!oraton "%)% "&& be name# as P&aa (%eater Cor! Co r!or orat ato on. n. Pet ett to one nerr #e #e)& )&n ne# e# t% t%e e o oer er bu butt %e oere# to !ro#u)e "t% !ay, &umbers "%)% "&& be nee#e# n )onstru)ton o t%e t%eater. es es! !te #em ema an#s o !aymen entt rom !ettoner, res!on#ents #eau&te# n t%er ob&$aton an# to )a&m t%e ormers ee&n$ t%ey !romse# to obtan a &oan nor#er to !ay t%er ob&$aton to !ettoner. o"e o "e+er +er,, un unn no" o"n n to !e !et tt ton oner er,, res es!o !on# n#en entt %a %a# # a&rrea a& ea#y #y ob obta tan ne# e# a &o &oan an an an# # ma ma#e #e Lu uon on 'u 'urret ety y Com!any as surety surety.. (%e &ot "%ere t%e t%eater stan#s "as use# as a se)urty. Pet ett to on ner rem ema ane ne# # un un!a !a# #,, t% t%us us %e 4& 4&e e a )a )ase se a$anst res!on#ents an# P&aa (%eater n). 6oreo+er, !ettoner )ause t%e annotaton o lis pendens on t%e &ot an# t%e bu&n#n$ o res!on#ent )or!oraton.
(%e surety )om!any, n t%e meantme, u!on #s)o+ery t%at t%e &an# "as a&rea#y re$stere# un#er t%e (orrens 'ystem an# t%at t%ere "as a not)e o lis pendenst%ereon, 4&e# a !etton or re+e" o t%e #e)ree o t%e &an# re$straton )ourt n or#er to annotate t%e r$%ts an# nterests o t%e surety )om!any o+er sa# !ro!ertes . *!!oston t%ereto "as oere# by !ettoner Lo!e, assertn$ t%at t%e amount #eman#e# by %m )onsttute# a !reerre# &en o+er t%e !ro!ertes o t%e ob&$ors t%at t%e surety )om!any "as $u&ty o ne$&$en)e "%en t a&e# to !resent an o!!oston to t%e a!!&)aton or re$straton o t%e !ro!erty an# t%at any +o&aton o t%e r$%ts an# nterest o sa# surety "ou&# e+er be ma#e, same must be sube)t to t%e &en n %s a+or. (%e R(C ru&e# t%at t%e &en o !ettoner eten#s on&y to t%e bu&#n$. %o"e+er, on a!!ea& !ettoner )onten#s t%at t%e &en )reate# n a+or o t%e urns%er o t%e matera&s use# or t%e )onstru)ton, re!ar or ree)ton o a bu&#n$, s a&so eten#e# to t%e &an# "%)% t%e )onstru)ton "as ma#e, an# n su!!ort t%ereo %e re&es on rt)&e 1923 o t%e '!ans% C+& Co#e, !ertnent &a" on t%e matter, "%)% rea#s as o&&o"s: R(. 1923. ;t% res!e)t to #etermnate rea& !ro!erty an# rea& r$%ts o t%e #ebtor, t%e o&&o"n$ are !reerre#:
5. Cre#ts or ree)ton, not entere# or re)or#e#, with respect to the estate upon which the refection was made, an# on&y "t% res!e)t to ot%er )re#ts #erent rom t%ose mentone# n our !re)e#n$ !ara$ra!%s. (%e C a
Issue: ;%et%er t%e &en o !ettoner eten#s not on&y to t%e bu&#n$ but a&so to t%e res!on#ents &ot. Held: No n a"e )annot subs)rbe to t%s +e", or "%&e t s true t%at $enera&&y, rea& estate )onnotes t%e &an# an# t%e bu&#n$ )onstru)te# t%ereon, t s ob+ous t%at t%e n)&uson o t%e bu&#n$, se!arate an# #stn)t rom t%e &an#, n t%e enumeraton o "%at may )onsttute rea& !ro!ertes )ou&# mean on&y one t%n$ ? t%at a bu&#n$ s by tse& an mmo+ab&e !ro!erty, a #o)trne a&rea#y !ronoun)e# by t%s Court n t%e )ase o Leung Yee vs. Strong Machinery Co., 37 P%&., @AA. 6oreo+er, an# n +e" o t%e absen)e o any s!e)4) !ro+son o &a" to t%e )ontrary, a bu&#n$ s an mmo+ab&e !ro!erty, rres!e)t+e o "%et%er or not sa# stru)ture an# t%e &an# on "%)% t s a#%ere# to be&on$ to t%e same o"ner. )&ose eamnaton o t%e !ro+son o t%e C+&
Co#e Brt. 1923 n+oe# by a!!e&&ant BLo!e re+ea&s t%at t%e &a" $+es !reeren)e to unre$stere# ree)tonary )re#ts on&y "t% res!e)t to t%e rea& estate u!on "%)% t%e ree)ton or "or "as ma#e. (%s ben$ so, t%e ne+tab&e )on)&uson must be t%at t%e &en so )reate# atta)%es mere&y to t%e mmo+ab&e !ro!erty or t%e )onstru)ton or re!ar o "%)% t%e ob&$aton "as n)urre#. D+#ent&y, t%ereore, t%e &en n a+or o a!!e&&ant or t%e un!a# +a&ue o t%e &umber use# n t%e )onstru)ton o t%e bu&#n$ atta)%es on&y to sa# stru)ture an# to no ot%er !ro!erty o t%e ob&$ors. Cons#ern$ t%e )on)&uson t%us arr+e# at, .e., t%at t%e matera&mans &en )ou&# be )%ar$e# on&y to t%e bu&#n$ or "%)% t%e )re#t "as ma#e or "%)% re)e+e# t%e bene4t o ree)ton, t%e &o"er )ourt "as r$%t n, %o&#n$ at t%e nterest o t%e mort$a$ee o+er t%e &an# s su!eror an# )annot be ma#e sube)t to t%e sa# matera&mans &en.
