Upon signing the Deed of Absolute Sale, Samantha Panlilio paid P 200,000 in cash to the spouses and issued a postdated check in the amount of P 2,800,000 00, representing the remaining balance of the purchase price of the subject property Thereafter, a new Transfer Certificate of Title (TCT) was is...

No there is no meeting of minds The fact that the check was dishonored for Drawn against Insuffic ...

Upon signing the Deed of Absolute Sale, Samantha Panlilio paid P 200,000 in cash to the spouses

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Upon signing the Deed of Absolute Sale, Samantha Panlilio paid P 200,000 in cash to the spouses and issued a postdated check in the amount of P 2,800,000.00, representing the remaining balance of the purchase price of the subject property. Thereafter, a new Transfer Certificate of Title (TCT) was issued in the name of Samantha Panlilio.

When presented for payment, the check was dishonored for the reason “Drawn against Insufficient Funds”. Left with no recourse, the Spouses filed a Complaint. Is there meeting of minds?

Posted Date: Nov 15, 2021 07:35 AM

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Upon signing the Deed of Absolute Sale, Samantha Panlilio paid P 200,000 in cash to the spouses

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No there is no meeting of minds The fact that the check was dishonored for Drawn against Insuffic... View the full answer

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