Question: 3. Bong bought a land from Jun five (5) years ago. Bong admits that there is an annotated adverse claim of a certain Lino that

3. Bong bought a land from Jun five (5) years ago. Bong admits that there is an annotated adverse claim of a certain Lino that he bought the land from the owner. However, the said annotation was already canceled. Lino is claiming that he owned the land since this was first sold to him. He further stated that he could recover the property since Bong had knowledge that it was sold to him through the annotation of adverse claim. Is Lino correct? Why or why not?

Answer the problem by citing the appropriate article

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

You are discarding a spent solvent that before use was 75% acetone and 25% toluene. It has a flash point below 100F, and it is contaminated with 6mg/L lead and 4mg/L chromium. What are ALL THE...

Bong bought a land from Jun five (5) years ago. Bong admits that there is an annotated adverse claim of a certain Lino that he bought the land from the owner. However, the said annotation was already...

Answer the problems by citing the appropriate article/s. 1. S sold to B a tractor payable at P50,000 upon delivery and the balance of P70,000 within 60 days. B failed to take the delivery of the...

1.Bong bought a land from Jun five (5) years ago. Bong admits that there is an annotated adverse claim of a certain Lino that he bought the land from the owner. However, the said annotation was...

In his will, T leaves Blackacre to A for life, remainder to A's children. A dies without ever having had children. Blackacre will: escheat to the state; none of the above pass through A's estate...

Students will have an opportunity to prepare a critical thinking case brief through a writing assignment. The case, W.O. Lucy and J.C Lucy v. A.H. Zehmer and Ida S. Zehmer. Facts : Make sure to...

Report: Your report should include: I. NSU Cover page (1 page in length). It will present the name of the case and the author(s) of the report. II. Executive Summary (1 page in length). The Executive...

Please write a closed-research legal memo using the case cases given, addressing whether Mr. Adler can assert an adverse possession claim to Scrub Lot 40. Please write up your memo using the issue ,...

Tutorial No. 5 Capital Gains and Losses (Starting the week beginning Monday 28 August 2017) Q 1 Income vs Capital - Why is the distinction important to individuals? Jeremiah and Jaini were walking...

Jill owns a dressmaking shop. They have begun production on a wedding dress but has halted their production due to waiting on beads to complete the dress? What type of inventory does this dress fall...

Kane Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on October 31, 2015, is shown below. The following business transactions were...

Evaluate the integral x 1 6 - ( x 5 ) 2 2 d x .

A sma1l, circular ring is inside a larger loop that is connected to a battery and a switch, as shown in Fig. 29.35. Use Lenz's law to find the direction of the current induced in the small ring(a)...

For the system and loading shown, determine (a) The force P required for equilibrium, (b) The corresponding force in member BD, (c) The corresponding reaction at C. 150 mm 30 200N 100 N

Using the method of joints, determine the force in each member of the truss shown. State whether each member is in tension or compression. 375 th 500 Ib 6 ft 84 ft

A Fink roof truss is loaded as shown. Determine the force in members FH, FG, and EG. 15 15m 15 15 15 61N GAN JAN -15

Knowing that the pulley has a radius of 1.25 in., determine the components of the reactions at B and E. 3 in. 4.5 in. D. 3.75 in. E. 75 lb

Is this a Mediated Settlement Agreement? Why or Why not? If it is not a Mediated settlement Agreement, please rewrite it in the format of a mediated agreement. Agreement This agreement is made this 1...

How much money did the company save by not paying all the workers (groups 1 and 2 combined) overtime pay?

What are some of the practices companies can use to promote sustainability?

What factor(s) in this ethics dilemma might influence a person to make a less-than-ethical decision?