Background of my situation:
I purchased a lot through Deed of Conditional Sale last December 2016 under the name of the grandchild of the true owners with Tax Declaration as their proof of ownership but still in the name of their grandmother. They said they already pushed an extrajudicial proceedings to equally share the lot between the grandchildren and no questions between the family about it.
However, recently just this August 2017 one of our neighbor acquired documents from the Bureau of land that there is another claimant's name with different tax declaration but with same lot number. We know that the lot beside us is not theirs but what we didn't know is that the lot number was claimed by other private entity. We were informed by the said neighbor that the other entity registered their name in Bureau of Lands by 1965 and that the true owner only registered on 1967 but the land was already acquired last 1948 and they have been living here since. They both have no TCT ever since.
1. What is our protection should the true owner ordered us to evict the place. Can we be evicted?
2. Can we be called purchaser/buyer in good faith? How can we be called one?
3. What shall we do as new lot owners? Can we still title our lot once we fully paid it?
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