G.R. No. 70909. January 5, 1994
FACTS:
Herrera executed a Contract of Lease in favor of Tian On, whereby the former leased to the latter lots located in Cebu City for a term of 10 years, renewable for another 5 years. The contract contains a stipulation giving the lessee an option to buy the he leased property after the lease period as long as the lessee faithfully fulfills the terms and conditions of their contract