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Bible Baptist Church, et al. vs. Court of Appeals, et al. Date: November 26, 2004 Subject: Property Law / Sales / Option Contract 126454
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The Bible Baptist Church sought to enforce an option to buy land, arguing that payments made were a consideration for the option. The Bible Baptist Church sought to enforce an
Based on your query "126454 — complete text", the most relevant result is the full text of a Philippine Supreme Court decision, , decided on November 26, 2004. G.R. No. 126454 Summary & Key Takeaways
The Court ruled that the option contract was unenforceable due to lack of separate consideration. The payments made (P84,000) were deemed to be advance rentals , not a separate option fee, meaning no binding option contract existed. Full Text Source
You can read the full, official text of this decision on the Philippine Supreme Court's E-Library.