Dear PAO,
My parents were in a quandary because they thought that the document entitled "Bilihan ng Lupa" which they signed with Tino was a sale. However, the latter insists that it is an equitable mortgage. According to my parents, the document is a sale with a right to repurchase for three years, while Tino claims that he signed the document merely as a security for his loan. Tino further asserted that he remained in possession and never surrendered the ownership of said property to my parents. Which view will prevail?
