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Question 21
9. Aida, for the consideration of Php 5,000,000.00, sold her parcel of land to Lorna, as evidenced by a notarized Deed of Sale. Lorna, however, failed to deliver the amount in full, paying only Php 500,000.00 as down payment. Because of the nonpayment of the balance, Aida simply sold the same parcel of land to Fe with the intention of returning to Lorna the Php 500,000.00 down payment.
Who among Aida, Lorna, and Fe owns the property? Explain briefly. (5 points)
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