Perfam - Property Relations
Perfam - Property Relations
Perfam - Property Relations
Default under FC, in the absence of marriage Default Property Default under the Civil Code
settlement/regime agreed is void regime
Art. 88 – commence @ the precise moment Art. 88 – commence @ the precise moment that
that the marriage is celebrated. Any stipulation Commencemen the marriage is celebrated. Any stipulation for the
for the commencement of the regime at any t commencement of the regime at any other time
other time shall be void shall be void
Art. 91 – all the property owned at the time of Art. 106 – H&W place in a common fund the ff:
marriage or acquired thereafter (unless Proceeds, products, fruits & income from
otherwise provided) their separate properties
Art. 95 – winnings from gamblings Those acquired by either/both spouses
thru their efforts or by chance
Upon dissolution of marriage/partnership,
net gains/benefits obtained by either/both
shall be divided equally between them
(unless otherwise agreed in marriage
settlements)
Art 117 – the ff. are CP prop.:
Acquired by onerous title during the
marriage @ the expense of the common
fund (whether the acquisition be for the
partnership/for only one of the spouses)
Obtained from the labor, industry,
work/profession of either/both spouses
Fruits, natural, industrial or civil due or
received during the marriage from the
common property as well as the net fruits
from the exclusive property of each spouse
Share of either in the hidden treasure w/c
the law awards to the finder/owner of the
prop. where the treasure is found
Acquired thru occupation such as
What fishing/hunting
Constitutes Livestock existing upon dissolution of
partnership in excess of number of each
kind brought to the marriage by either
spouse
Acquired by chance (winnings from
gambling or betting). [however, losses shall
be borned exclusively by the loser
Including (FC):
Art 118 - Property bought on installments paid
partly from exclusive funds of either spouses and
partly from conjugal funds, if full ownership was
vested DURING the marriage (subj to
reimbursement upon liquidation of partnership)
Art 119 - Interest falling due DURING the
marriage, accruing from a credit payable to the
spouse (but the principal belongs exclusively to the
creditor-spouse)
Art 120 - Ownership of improvements (whether for
utility or adornment) on the separate property of the
spouses at the expense of the partnership or
through the acts/efforts of either or both spouses
belong to the CPG OR the owner-spouse subject to
reimbursement
Art. 92 Art. 109 – the ff. shall be exclusive property:
Acquired by gratuitous title + fruits & Brought to the marriage as his/her own
income thereof (unless otherwise Each acquires during the marriage by
provided) gratuitous title (only the property is
For personal & exclusive use (except excluded but its fruits belong to the CPG)
jewelry) Acquired by right of redemption, by bater
Acquire before the marriage by either or by exchange w/ property belonging to
who has legit descendants by a only one of the spouses
former marriage + fruits & income (if Exclusions Purchased w/ exclusive money of
any) wife/husband
Also:
Art. 122
Payment of personal debts of H/W
before/during the marriage which has NOT
redounded to the benefit of the family
Fines and pecuniary indemnities imposed
upon the H/W
Art. 90, FC. The provisions on CO- Art. 108, FC - The conjugal partnership shall be
OWNERSHIP shall apply to the absolute governed by the rules on the CONTRACT
community of property between the spouses OF PARTNERSHIP in all that is not in conflict with
in all matters not provided for in this Chapter. Suppletory Rule what is expressly determined in this Chapter or by
(simply divide by 2) the spouses in their marriage settlements.