Facts:· Suit for specific performance filed by Lorenzo Velasco against the Magdalena Estate, Inc.Plaintiff’s Version· On Nov 29, 1962 the plaintiff and the defendant had entered into a CONTRACT OF SALE of land (2,059 sq m) at for P100,000.00.· Payment terms:o down payment: P10,000.00 and P20,000.00 o P70,000.00 would be paid in installmentso equal monthly amortization will be determined as soon as the P30,000.00 DP had been completed. · Plaintiff paid P10,000.00 on November 29, 1962 (Exh. "A")· ...
