Party 1 is the land owner. Party 2 is son in law of Party 1 which is the owner of the house. Party 3 is the investor.
Party 3 and Party 2 agree to put a small banana packing plant in the area of Party 1. Party 2 together with his wife ask a permission to Party 1 to put that said packing plant with 1 peso insintive per box. Party 1 and Party 2 agree. This conversation is done without legal documents involve. Just plain talking and agreeing in good faith. Even the packing plant has no building permit at all.
If the Party 2 and Party 3 vacate the area to make another packaging plant with big area and this time no insintive for Party 1, who has now the right of small packing plant? Do Party 3 has the right to demolish it because of business conflict in the future?
Hoping for an advice.