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FACTS:
P Romulo Coronel executed a document entitled Receipt of Down
Payment in favor R Ramona
The purchase price of the inherited house and lot is P1, 240, 000.
They agreed that upon the transfer in Ps names of the property
inherited from their father and upon their presentation to R of the
same, R would pay the down payment
TC and CA: In favor of Rs, for they are the first buyers
RULING: