Property Relationship & Absolute Community of Property Flashcards
UC Online Review
[a]
when two get married, they incur rights these are
- personal rights & obligations
- property rights & obligations
> personal obligation>render mutual help & support
ex. if husband earns less or has no money, wife has an obligation to give support.
however, wife is free to engage in business without consent but husband may object on [vsm] valid, serious, moral grounds.
what governs the property relationship of spouses
a. Marriage Settlement
b. Family Code
c. customs
what is marriage settlement?
fixes the property relationship between the parties in consideration of their marriage
requirements for a valid marriage settlement
- must be in writing
- signed by future spouses
- before the marriage
note
notarization is not needed for a valid MS
what happens if MS and marriage does not take place?
exc?
It will be void
there comes a child born out of wedlock
ex. donation of parcel of land in a MS and it will not push thru
[b]
what if it was made in a separate document, not in the MS.
donation is considered void by operation by law
[b]
it is a revocABLE donation if the marriage won’t push thru. Donor must file an action to revoke, if not, the donation will push thru.
ACP (absolute community of property)
??
properties owned BEFORE marriage, will be brought to the marriage and becomes mutually owned
[b]
properties owned BEFORE, will continue to be separately owned property
if one party neglects his duties, what is the remedy?
wife went abroad, divorced husband and married with another
if person who filed divorce is a filipino citizen, it will not be recognized [Article 26 (2)] - check
from what moment will the property regime start?
can MS take effect one month after marriage?
No, ACP will start the precise time the marriage was celebrated. (family code)
note
any agreement contrary is considered VOID
what constitutes ACP?
ACP vs MS
ALL properties brought to the marriage (owned by each spouse) will become common property exc when excluded by family code & property acquired during the marriage (provided by Article 92 FC)
Article 92 of FC exceptions to ACP
Art. 92. The following shall be excluded from the community property:
(1) Property acquired during the marriage by gratuitous title by either spouse, and the fruits as well as the income thereof, if any, unless it is expressly provided by the donor, testator or grantor that they shall form part of the community property;
(2) Property for personal and exclusive use of either spouse. However, jewelry shall form part of the community property;
(3) Property acquired before the marriage by either spouse who has legitimate descendants by a former marriage, and the fruits as well as the income, if any, of such property
A and B married through ACP. X donated property to A. consisted of condominium with a monthly rental or fruits of 15,000.00
is the condominium unit a common or separate?
If donation states that it will be common property, it will be common however if it does not specify, then it will be a separate property of A.
Not just the condominium but also the rentals or fruits.
note
respect the wishes of the donor or grantor
husabnd is atty & wife is doctor.
X donates law library to doctor and does not specify if it is common. who owns?
the lawyer husband
property acquired before marriage by a spouse previously married
fruits is considered as a separate property.
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