Collado-Heredia v. Intestate Succession of Honoré y Garau
Collado-Heredia v. Intestate Succession of Honoré y Garau
Opinion of the Court
delivered the opinion of the court.
The judgment in this case was rendered on the pleadings and the question before this court is whether the action had prescribed at the time of the filing of the complaint.
In the complaint filed on the 11th of March, 1926, it was
The defendant demurred to the complaint on the ground that it did not state sufficient facts to constitute a cause of action, because, even admitting all the allegations contained therein, prescription had legalized the contract of 1913 consummated in 1917 by virtue of section 1268 of the Civil Code which established four years as the limitation for an action of nullity.
The court sustained the demurrer and that ruling was entered as a judgment at the request of the plaintiff in order that she might take this appeal.
The appellant contends in her brief that it is not a case of a voidable but of a void contract and therefore that the section cited does not apply. We are not of that opinion. This transaction was really a loan falsely called an agreement of resale. Both parties agreed to the simulation, with the fact that the plaintiff agreed also to the consumrriation
Furthermore, this question was definitely decided against the appellant in the case of Molina v. Hernández, 33 P.R.R. 176, in which the following jurisprudence was established:
“The period of limitation of an action to annul a sale with an agreement for repurchase on the ground that it was not a 'sale, hut a mortgage loan, begins to run from the time of the expiration of the grantor’s right to repurchase and not from the time the grantee, recorded the sale in the registry.”
In the case before us the term of four years had run, even reckoning from the record of the consummation in the registry, a date that was necessarily subsequent to the expiration of the term for the agreement to repurchase.
The judgment appealed from must be affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.