Ece Realty v. Haydyn Hernandez · G.R. 212689

Petitioner: Ece Realty
Respondent: Haydyn Hernandez
Citation: G.R. No. 212689
Court: Supreme Court
Division: First Division
Ponente: Reyes, J.
Decided: August 6, 2014

Summary

Haydyn Hernandez bought a condominium unit from ECE Realty under a Contract to Sell with delivery promised by December 31, 1999. ECE failed to deliver on time and the unit had incorrect specifications (26 sq.m instead of 30 sq.m). After paying P452,551.65, Hernandez sought refund when ECE sold the unit to a third party. The HLURB ordered refund with damages, which was upheld through various appellate levels. The Supreme Court affirmed the refund with 6% interest from filing of complaint, but modified the post-finality interest rate from 12% to 6% per annum pursuant to BSP Resolution No. 796, applying the principle that non-loan obligations earn 6% interest under Article 2209 of the Civil Code.

Statutes applied

Civil Code, Art. 2209

Related cases

Other Philippine cases on the same provisions and issues.

Land Bank of the Philippines v. Alfredo Ong G.R. No. 190755
Rosalina Ricafuente v. Oriental Construction G.R. No. 249306
Francisco G. Chan v. Bank of the Philippine Islands G.R. No. 247776
Philippine Commercial v. William Golangco Construction Corporation G.R. No. 195372
Philippine National Bank v. Lilibeth S. Chan G.R. No. 206037
Ibm Philippines v. Prime Systems Plus G.R. No. 203192
Spouses Bayani H. Andal v. Philippine National Bank G.R. No. 194201
Spouses Nameal v. Spouses Juan G.R. No. 172346

By the Intellegal Editorial Board · August 6, 2014

Search Philippine case law on Intellegal →

AI-assisted case analysis — for research only. Verify against the official decision. A research aid, not legal advice; using this page creates no attorney-client relationship. For legal advice, consult a Philippine lawyer. Verify every holding and citation against the official decision (Supreme Court E-Library / Official Gazette) before relying on it.