Property Relations

Question 1

Types of Property Relations or Marriage Settlements

Answer 1

Absolute community of property
Conjugal partnership of gains
Complete separation of property

Question 2

What is the property relations if a couple got married before August 3, 1988 without a marriage settlement?

Answer 2

Conjugal partnership of gains

Question 3

What is the property relation of a couple who got married on or after August 3, 1988 without a marriage settlement?

Answer 3

Absolute community of property

Question 4

What are exclusive property under ACoP?

Answer 4

Donated/inherited property during marriage and its fruits and income
Property for personal and exclusive use of either spouse
Property acquired before marriage by a formerly married spouse with legitimate descendants and its fruits and income

Question 5

What are exclusive property under CPG

Answer 5

Property that is bought to the marriage as his or her own
Property acquired during marriage through donation or inheritance
Property acquired by right of redemption or by exchange with property belonging to only one of the spouses
Property purchased with exclusive fund