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16 September 2006 | 3 replies
The case is REMANDED to the lower court for reception of evidence as to the amount claimed by the respondents for the preservation and maintenance of the property.SO ORDERED.Hence, the instant petition for review raising the following issues:ITHE HONORABLE COURT OF APPEALS GRAVELY ERRED IN HOLDING THAT THE RESPONDENT HEREIN IS ENTITLED TO REIMBURSEMENT OF THE AMOUNT USED TO PURCHASE THE LAND AS WELL AS THE COSTS FOR THE CONSTRUCTION OF THE HOUSE, FOR IN SO RULING, IT INDIRECTLY ALLOWED AN ACT DONE WHICH OTHERWISE COULD NOT BE DIRECTLY x x x DONE, WITHOUT DOING VIOLENCE TO THE CONSTITUTIONAL PROSCRIPTION THAT AN ALIEN IS PROHIBITED FROM ACQUIRING OWNERSHIP OF REAL PROPERTIES LOCATED IN THE PHILIPPINES.IITHE COURT OF APPEALS GRAVELY ERRED IN SUSTAINING RESPONDENT'S CAUSE OF ACTION WHICH IS ACTUALLY A DESPERATE ATTEMPT TO OBTAIN OWNERSHIP OVER THE LOT IN QUESTION, CLOTHED UNDER THE GUISE OF CLAIMING REIMBURSEMENT.Petitioner contends that respondent, being an alien, is disqualified to own private lands in the Philippines; that respondent was aware of the constitutional prohibition but circumvented the same; and that respondent's purpose for filing an action for separation of property is to obtain exclusive possession, control and disposition of the Antipolo property.Respondent claims that he is not praying for transfer of ownership of the Antipolo property but merely reimbursement; that the funds paid by him for the said property were in consideration of his marriage to petitioner; that the funds were given to petitioner in trust; and that equity demands that respondent should be reimbursed of his personal funds.The issue for resolution is whether respondent is entitled to reimbursement of the funds used for the acquisition of the Antipolo property.The petition has merit.Section 7, Article XII of the 1987 Constitution states:Save in cases of hereditary succession, no private lands shall be transferred or conveyed except to individuals, corporations, or associations qualified to acquire or hold lands of the public domain.Aliens, whether individuals or corporations, are disqualified from acquiring lands of the public domain.
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14 January 2018 | 34 replies
Tenant further agrees not to hold Landlord liable in any manner for or on account of any loss or damage sustained by action of any third party, fire, water, theft, or the elements.If a Tenant decides to store personal belongings in a storage shed provided by Landlord, he/she does so at their own risk.
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17 December 2014 | 9 replies
What you said is resonating with me and I like that approach.
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27 April 2015 | 22 replies
Adding on-demand heaters at point of use is often easier and less expensive than recirculation.Those same homes that "are not plumbed for recirculation" generally are also not wired for 240V in the bathroom (where the shower is), or enough amperage at 120V to sustain an electric on-demand tankless heater with sufficient capacity (after calculating winter drop temperature vs flow rating), much less plumbed for natural gas to support a non-electric model (which is the only type I'd recommend).
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10 July 2015 | 17 replies
My rationale for 3x cash flow or global debt coverage ratio as we like to call it in the banking world is based on not only paying for living expenses but within that 3 times expense model I've also considered the min amount of funds I'll need to have to feel comfortable funding my reserves, cap ex, fund my other ventures, and a cushion as well in order to keep growing a self sustaining machine that can scale purely off the "passive," cashflow in and of itself.So for those who need just 1x or till passive equals 9-5 that might work if you live below your means with your 9-5 but if not you may find yourself overwhelmed when the units need an over haul.
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6 April 2017 | 18 replies
Calculate if the rental income can sustain the mortgage, insurance and the new property tax yet generating positive cash flow at the same time.
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22 November 2021 | 12 replies
It’s not sustainable anymore.
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22 May 2023 | 39 replies
What this city regulation is doing is exactly what they are supposed to do, throttle commerce to sustainable levels and placement.
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2 April 2007 | 8 replies
Frequently, the walls sustain a lot of damage (holes) and when they get bad enough, we texture the walls so that all of the patching isn't visible!
21 January 2023 | 11 replies
I need to find out how much rent will be in order to sustain even the min of expense- rent, insurance, taxes etc.