PROPERTY REGIMES ELEMENTS GENERAL PROVISIONS ABSOLUTE COMMUNITY PROPERTY (ACP) Time of commencement [ART 88] The ACP

between spouses shall commence at the PRECISE MOMENT the marriage is celebrated. Any stipulation EXPRESS OR IMPLIED for the commencement of the community regime at ANY OTHER TIME shall be VOID. Waiver of rights [ART 89] No waiver of RIGHTS, INTERESTS, SHARES and EFFECTS of the absolute community of property during the marriage can be made except in the case of JUDICIAL SEPARATION OF PROPERTY. When the waiver takes place upon a JUDICIAL SEPARATION OF PROPERTY, or after the marriage has been DISSOLVED and ANNULLED, the same shall appear in a public instrument and shall be recorded as provided in Art. 77. The creditors of the spouse who made such waiver to the extent of the amount sufficient to cover the amount of their credits. Other provisions [ART 90] The provisions on CO-OWNERSHIP shall apply to the ABSOLUTE COMMUNITY OF PROPERTY between the spouses in all matters not provided for in this chapter. CONJUGAL PARTNERSHIP OF GAINS (CPG) [ART 105] In case the future spouses agree in the marriage settlements that the REGIME OF CONJUGAL PROPERTY OF GAINS SHALL GOVERN their property relations during marriage, the provisions in this chapter shall be of SUPPLEMENTARY APPLICATION. The provisions of this Chapter SHALL ALSO APPLY to CPG already established between spouses before the effectivity of this Code, without prejudice to vested rights already acquired in accordance with the Civil Code or other laws as provided in Art. 256 Definition of CPG [ART 106] Under the regime of CPG, the husband and wife PLACE IN A COMMON FUND THE PROCEEDS, PRODUCTS, FRUITS and INCOME from their SEPARATE PROPERTIES and those ACQUIRED by either or both spouses THROUGH THEIR EFFORTS or BY CHANCE, and, UPON DISSOLUTION of the MARRIAGE or of the PARTNERSHIP, the NET GAINS or BENEFITS obtained by either or both spouses shall be divided equally between them, unless otherwise agreed in the marriage settlements. ART 88 and 89 apply [ART 107] The rules provided in Articles 88 and 89 shall also apply to CPG. [ART 108] The CP shall be governed by the RULES on the CONTRACT of PARTNERSHIP in all that is not in conflict with what is expressly determined in this chapter or by the spouses in their marriage settlements. Conjugal Partnership Property General rule [ART 116] ALL PROPERTY ACQUIRED during the marriage, whether the acquisition appears to have been MADE, CONTRACTED or REGISTERED in the name of ONE or BOTH spouses, is PRESUMED to be CONJUGAL unless the CONTRARY is proved. Properties involved REGIME OF SEPARATION OF PROPERTY [ART 143] Should the FUTURE SPOUSES agree in the marriage settlements that their property relations during marriage shall be governed by the REGIME OF SEPARATION OF PROPERTY, the provisions of this Chapter shall be of suppletory application. [ART 144] SEPARATION of property may refer to PRESENT or FUTURE PROPERTY or BOTH. It may be TOTAL or PARTIAL. In the LATTER case, the property NOT agreed upon as SEPARATE shall pertain to the ABSOLUTE COMMUNITY.

INCLUSIONS

[ART 91] Unless otherwise provided in this Chapter or IN MARRIAGE SETTLEMENTS, the community property shall consist of: - ALL PROPERTY OWNED by the spouses at the time of the celebration of the marriage or - ACQUIRED thereafter

[ART 117] The following are CONJUGAL PARTNERSHIP PROPERTIES: (1) Those acquired by ONEROUS TITLE during the marriage AT THE EXPENSE OF THE COMMON FUND, whether the acquisition be for the PARTNERSHIP or for ONLY ONE of the spouses. (2) Those obtained from the LABOR, INDUSTRY, WORK or PROFESSION of either or both of the spouses. (3) The 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. (4) The SHARE of either spouse in the HIDDEN TREASURE which the law awards to the FINDER or OWNER of the property where the treasure is found (5) Those ACQUIRED through OCCUPATION such as fishing or hunting. (6) LIVESTOCK existing upon the dissolution of the partnership in excess of the number of each kind brought to the marriage by either spouse; and (7) Those which are ACQUIRED by CHANCE, such as winnings from GAMBLING or BETTING. However, LOSSES therefrom shall be BORNE EXCLUSIVELY by the loser-spouse. On properties on installment [ART118] Property BOUGHT ON INSTALLMENTS paid partly from EXCLUSIVE FUNDS of either or both spouses and partly from CONJUGAL FUNDS belongs to the buyer or buyers if FULL OWNERSHIP was vested BEFORE the marriage and to the CONJUGAL PARTNERSHIP if such ownership was vested DURING the marriage. In either case, any amount advanced by the partnership or by either or both spouses shall be REIMBURSED by the owner or owners UPON LIQUIDATION of the partnership. [ART 119] Whenever an AMOUNT or CREDIT payable within a period of time belong to ONE of the SPOUSES, the sums which may be COLLECTED DURING the MARRIAGE in partial payments OR by installments on the principal SHALL BELONG to the CONJUGAL PARTNERSHIP.

[ART 120] The OWNERSHIP of IMPROVEMENTS, whether for UTILITY or ADORNMENT, made on the SEPARATE PROPERTY of the SPOUSES at the EXPENSE of the PARTNERSHIP or to the ORIGINAL OWNER-SPOUSE, subject to the following rules: When the COST of the IMPROVEMENT made by the CONJUGAL PARTNERSHIP and any RESULTING INCREASE in value are MORE THAN the VALUE of the PROPERTY at the time of improvement, the ENTIRE PROPERTY of one of the spouses shall belong to the conjugal partnership, subject to reimbursement of the value of the property of the ownerspouse at the time of the improvement; OTHERWISE, said property shall be RETAINED in OWNERSHIP by the OWNER-SPOUSE, likewise subject to reimbursement of the cost of the improvement. In either case, the OWNERSHIP of the ENTIRE PROPERTY shall be vested upon the reimbursement, which shall be MADE at the TIME of the LIQUIDATION of the conjugal partnership. Exclusive Property of Each Spouse [ART 109] The following shall be the EXCLUSIVE PROPERTY of each spouse: (1) That which is BROUGHT to the MARRIAGE as HIS or HER OWN. (2) That which each ACQUIRES during the marriage BY GRATUITOUS TITLE (3) That which is acquired by RIGHT OF REDEMPTION, by BARTER or by EXCHANGE WITH PROPERTY belonging to only one of the spouses; and (4) That which is PURCHASED with EXCLUSIVE MONEY of the wife or of the husband. [ART 110] The spouses RETAIN OWNERSHIP, POSSESSION, ADMINISTRATION and ENJOYMENT of their exclusive properties. Either spouse MAY, DURING THE MARRIAGE, TRANSFER the administration of his or her EXCLUSIVE PROPERTY to the other by MEANS of a PUBLIC INSTRUMENT, which shall be recorded in the registry of property of the place WHERE the property is located. [ART111] The spouse of AGE may MORTGAGE, ENCUMBER, ALIENATE or otherwise dispose of his or her exclusive

EXCLUSIONS

[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 common 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. Exceptions [ART 93] Property acquired during the marriage IS PRESUMED TO BELONG TO THE COMMUNITY, unless it is proved that it is one of those excluded therefrom.

property, WITHOUT the consent of the other spouse, and APPEAR ALONE in court to litigate with regard to the same. [Art. 112] The ALIENATION of any EXCLUSIVE property of a spouse administered by the other AUTOMATICALLY TERMINATES the administration over such property and the PROCEEDS of the alienation shall be TURNED OVER to the OWNER-SPOUSE [Art. 113] Property DONATED or LEFT BY WILL to the spouses, JOINTLY and WITH DESIGNATION of determinate shares, shall pertain to the DONEE-SPOUSES as his or her OWN EXCLUSIVE PROPERTY, and in the ABSENCE of DESIGNATION, SHARE and SHARE ALIKE, without prejudice to the right of accretion when proper. [ART 114] If the DONATIONS are ONEROUS, the AMOUNT OF THE CHARGES shall be borne by the exclusive property of the donee spouse, whenever they have been advanced by the conjugal partnership of gains. [Art. 115] RETIREMENT BENEFITS, PENSIONS, ANNUITIES, GRATUITIES, USUFRUCTS and similar BENEFITS shall be governed by the rules on GRATUITOUS or ONEROUS acquisitions as may be proper in each case. [ART 94] The ACP shall be liable for: Support (1) The SUPPORT of the SPOUSES, their COMMON CHILDREN and LEGITIMATE CHILDREN OF EITHER SPOUSE; however, the support of illegitimate children shall be governed by the provisions of this Code on Support. Debts and obligations (2) ALL DEBTS and OBLIGATIONS contracted DURING THE MARRIAGE by the designated ADMINISTRATOR SPOUSE for the benefit of the community, or BY BOTH SPOUSES, or BY ONE SPOUSE with the consent of the other. (3) DEBTS and OBLIGATIONS contracted by either spouse WITHOUT the consent of the other TO THE EXTENT that the family may have been BENEFITTED. Taxes, liens, etc [ART 121] The conjugal partnership shall be LIABLE for: Support (1) The SUPPORT of the SPOUSE, their COMMON CHILDREN, and the LEGITIMATE CHILDERN OF EITHER SPOUSE; however, the support of illegitimate children shall be governed by the provisions of this Code on Support. Debts and obligations (2) All DEBTS and OBLIGATIONS contracted DURING THE MARRIAGE by the designated ADMINISTRATOR-SPOUSE for the benefit of the CPG, or by BOTH SPOUSES or by one of them with the CONSENT of the other. (3) DEBTS and OBLIGATIONS contracted by either spouse WITHOUT the consent of the other TO THE EXTENT that the family may have been BENEFITTED. Taxes, liens, etc (4) ALL TAXES, LIENS, CHARGES and EXPENSES, including major and minor repairs, upon the [ART 146] BOTH SPOUSES shall bear the FAMILY EXPENSES in PROPORTION to their income, or in case of INSUFFICIENCY or DEFAULT thereof, to the CURRENT MARKET VALUE of their separate properties. The LIABILITY of the spouses to CREDITORS for FAMILY EXPENSES shall, however, be SOLIDARY.

CHARGES and OBLIGATIONS

(4) ALL TAXES, LIENS, CHARGES and EXPENSES, including major and minor repairs, upon the comm. prop. (5) ALL TAXES and EXPENSES for MERE PRESERVATION made during the marriage upon the separate property of either spouse USED BY THE FAMILY. Expenses for education/self-improvement of spouses (6) EXPENSES to enable either spouse to COMMENCE or COMPLETE a professional or vocational course, or other activity for SELF-IMPROVEMENT. Antenuptial debts (7) ANTENUPTIAL DEBTS of either spouse INSOFAR as they have redounded to the BENEFIT OF THE FAMILY. Expenses for education/self-improvement of children (8) The value of WHAT IS DONATED or PROMISED by both spouses in favor of their COMMON LEGITIMATE CHILDREN for the EXCLUSIVE PURPOSE of commencing or completing a professional or vocational course or other activity for SELF IMPROVEMENT. Other debts and expenses (criminal liabilities, litigation, etc.) (9) ANTENUPTIAL DEBTS of either spouse other than those falling under paragraph 7 of this Article, the SUPPORT of ILLEGITIMATE CHILDREN of either spouse and LIABILITIES incurred by either spouse by reason of a crime or a quasi-delict, IN CASE OF ABSENCE or INSUFFICIENCY of the exclusive property of the DEBTOR-SPOUSE, the payment of which shall be considered as ADVANCES to be deducted from the share of the debtor-spouse upon LIQUIDATION of the community. (10) EXPENSES OF LITIGATION between spouses unless the suit s found to be groundless. If the common property . is insufficient to the cover the foregoing liabilities, except those falling under paragraph 9, the spouses shall be SOLIDARILY LIABLE for the unpaid balance with their separate properties.

conjugal partnership property; (5) ALL TAXES and EXPENSES for MERE PRESERVATION made during the marriage upon the separate property of either spouse. Expenses for education/self-improvement of spouses (6) EXPENSES to enable either spouse to COMMENCE or COMPLETE a professional or vocational course, or other activity for SELF-IMPROVEMENT. Antenuptial debts (7) ANTENUPTIAL DEBTS of either spouse INSOFAR as they have redounded to the BENEFIT OF THE FAMILY. Expenses for education/self-improvement of children (8) The value of WHAT IS DONATED or PROMISED by both spouses in favor of their COMMON LEGITIMATE CHILDREN for the EXCLUSIVE PURPOSE of commencing or completing a professional or vocational course or other activity for SELF IMPROVEMENT. Litigation expenses (9) EXPENSES OF LITIGATION between spouses unless the suit is found to be groundless. If the conjugal partnership is insufficient to the cover the foregoing liabilities, the spouses shall be SOLIDARILY LIABLE for the unpaid balance with their separate properties. Payment of debts [ART 122] The PAYMENT of PERSONAL DEBTS contracted by the husband or the wife BEFORE or DURING the marriage shall NOT BE CHARGED to the conjugal partnership EXCEPT insofar as they redounded to the benefit of the family. NEITHER shall the FINES and INDEMNITIES imposed upon them be charged to the partnership. However, the payment of PERSONAL DEBTS contracted by either spouse before the marriage, that of FINES and INDEMNITIES imposed upon them, as well as the SUPPORT OF ILLEGITIMATE CHILDREN of either spouse, may be ENFORCED against the partnership assets AFTER the RESPONSIBILITIES enumerated in the preceding article have been recovered, IF the spouse who is bound should have NO EXCLUSIVE PROPERTY or if it should be INSUFFICIENT; but at the time of the liquidation of the partnership, such spouse shall be CHARGED for what has been paid for the purposes

above-mentioned. Special provision on gambling/games of chance [ART 95] Whatever may be LOST DURING THE MARRIAGE in any game of chance, betting, sweepstakes or any other kind of gambling, whether permitted or prohibited by law, shall be BORNE BY THE LOSER and shall NOT BE CHARGED TO THE COMMUNITY but ANY WINNINGS therefrom shall FORM PART of the common property . Special provision on gambling/games of chance [ART 123] Whatever may be LOST DURING THE MARRIAGE in any game of chance, or in betting, sweepstakes, or any other kind of gambling whether permitted or prohibited by law, shall be BORNE BY THE LOSWER and shall NOT BE CHARGED TO THE CONJUGAL PARTNERSHIP but any WINNINGS therefrom shall FORM PART of the conjugal partnership property. [ART 124] The ADMINISTRATION and ENJOYMENT of the common property . shall belong to BOTH SPOUSES JOINTLY. How about in cases of disagreement? In case of DISAGREEMENT, the HUSBANDS decision shall prevail, subject to RECOURSE TO THE COURT by the wife for a proper remedy, which must be AVAILED OF WITHIN FIVE YEARS from the date of the contract implementing such decision. Incapacity of one spouse (par.2) In the event that ONE SPOUSE IS INCAPACITATED or otherwise UNABLE TO PARTICIPATE in the administration of the common properties, THE OTHER SPOUSE may assume SOLE POWERS of administration. These POWERS do NOT INCLUDE: the powers of DISPOSITION or ENCUMBRANCE without the AUTHORITY of the court OR the WRITTEN CONSENT of the other spouse. In the ABSENCE of such authority or consent, the disposition or encumbrance shall be VOID. However, the TRANSACTION shall be construed as a CONTINUING OFFER on the part of the CONSENTING SPOUSE and the third person, and may be perfected as a BINDING CONTRACT upon the acceptance by the other spouse or authorization by the court before the offer is withdrawn by either or both offerors. Donations [ART 125] NEITHER spouse may DONATE any CONJUGAL partnership property WITHOUT THE CONSENT of the other. HOWEVER, either spouse may WITHOUT CONSENT of the other, make MODERATE DONATIONS from the conjugal partnership property for charity or on occasions of family rejoicing or family distress. [ART 145] EACH spouse shall OWN, DISPOSE OF, POSSESS, ADMINISTER and ENJOY his or own separate estate WITHOUT need of the consent of the other. To each spouse SHALL BELONG ALL EARNINGS from his or her PROFESSION, BUSINESS or INDUSTRY and all FRUITS, NATURAL, INDUSTRIAL or CIVIL, due or received during marriage from his or her separate property.

OWNERSHIP, ADMINISTRATION, ENJOYMENT and DISPOSITION

Who shall administer/enjoy the common property .? [ART 96] The ADMINISTRATION and ENJOYMENT of the common property . shall belong to BOTH SPOUSES JOINTLY. How about in cases of disagreement? In case of DISAGREEMENT, the HUSBANDS decision shall prevail, subject to RECOURSE TO THE COURT by the wife for a proper remedy, which must be AVAILED OF WITHIN FIVE YEARS from the date of the contract implementing such decision. Incapacity of one spouse (par.2) In the event that ONE SPOUSE IS INCAPACITATED or otherwise UNABLE TO PARTICIPATE in the administration of the common properties, THE OTHER SPOUSE may assume SOLE POWERS of administration. These POWERS do NOT INCLUDE: the powers of DISPOSITION or ENCUMBRANCE without the AUTHORITY of the court OR the WRITTEN CONSENT of the other spouse. In the ABSENCE of such authority or consent, the disposition or encumbrance shall be VOID. However, the TRANSACTION shall be construed as a CONTINUING OFFER on the part of the CONSENTING SPOUSE and the third person, and may be perfected as a BINDING CONTRACT upon the acceptance by the other spouse or authorization by the court before the offer is withdrawn by either or both offerors. Will of interest [ART 97] Either spouse may DISPOSE BY WILL OF HIS

OR HER INTEREST in the community property.

Donations [ART 98] Either spouse may DONATE any COMMUNITY property WITHOUT THE CONSENT of the other. HOWEVER, either spouse may, WITHOUT CONSENT of the other make MODERATE DONATIONS from the common property . for charity or on occasions of family rejoicing or family distress. When will dissolution take effect? [ART 99] The absolute community TERMINATES: (1) Upon DEATH of either spouse. (2) When there is a DECREE OF LEGAL SEPARATION. (3) When the marriage is ANNULLED or DECLARED VOID. (4) In case of JUDICIAL SEPARATION OF PROPERTY during the marriage under ART 134 to 138. In cases of separation in fact, no effect on the regime of ACP. [ART 100] The SEPARATION IN FACT between husband and wife SHALL NOT AFFECT the regime of absolute community Except in these following cases: Except that: (1) The spouse who LEAVES THE CONJUGAL HOME or REFUSES to live therein, WITHOUT JUST CAUSE, shall NOT HAVE THE RIGHT to be SUPPORTED. (2) When the CONSENT of one spouse to any transaction of the other is REQUIRED BY LAW, JUDICIAL AUTHORIZATION shall be obtained in a SUMMARY PROCEEDING. (3) In the ABSENCE OF SUFFICIENT COMMUNITY PROPERTY, the separate property of both spouses shall be SOLIDARILY LIABLE for the support of the family. The SPOUSE PRESENT shall, upon PROPER PETITION in a SUMMARY PROCEEDING, be given judicial authorization to administer or encumber any specific separate property of the When will dissolution take effect? [ART 126] The conjugal partnership TERMINATES: (1) Upon DEATH of either spouse. (2) When there is a DECREE OF LEGAL SEPARATION. (3) When the marriage is ANNULLED or DECLARED VOID. (4) In case of JUDICIAL SEPARATION OF PROPERTY during the marriage under ART 134 to 138. In cases of separation in fact, no effect on the regime of CPG. [ART 127] The SEPARATION IN FACT between husband and wife SHALL NOT AFFECT the regime of conjugal partnership, Except in the following cases: Except that: (1) The spouse who LEAVES THE CONJUGAL HOME or REFUSES to live therein, WITHOUT JUST CAUSE, shall NOT HAVE THE RIGHT to be SUPPORTED. (2) When the CONSENT of one spouse to any transaction of the other is REQUIRED BY LAW, JUDICIAL AUTHORIZATION shall be obtained in a SUMMARY PROCEEDING. (3) In the ABSENCE OF SUFFICIENT CONJUGAL PARTNERSHIP PROPERTY, the separate property of both spouses shall be SOLIDARILY LIABLE for the support of the family. The SPOUSE PRESENT shall, upon PETITION in a SUMMARY PROCEEDING, be given judicial authorization to administer or encumber any specific separate property of the OTHER SPOUSE and use the fruits or proceeds thereof to satisfy the LATTERS SHARE. In cases of abandonment [ART 128] If a spouse WITHOUT JUST CAUSE abandons the other or FAILS TO COMPLY with his or her OBLIGATIONS to

DISSOLUTION

OTHER SPOUSE and use the fruits or proceeds thereof to satisfy the LATTERS SHARE. In cases of abandonment [ART 101] If a spouse WITHOUT JUST CAUSE abandons the other or FAILS TO COMPLY with his or her OBLIGATIONS to the family, the AGGRIEVED SPOUSE may petition the court for RECEIVERSHIP, for JUDICIAL SEPARATION OF PROPERTY or for AUTHORITY TO BE THE SOLE ADMINISTRATOR of the absolute community, subject to such precautionary conditions as the court may impose. Definition of obligations (par. 2) The OBLIGATIONS to the family mentioned in the preceding paragraph refer to MARITAL, PARENTAL or PROPERTY relations. When does abandonment happen? (par. 3) The spouse is DEEMED TO HAVE ABANDONED the other when he or she has LEFT THE CONJUGAL DWELLING WITHOUT ANY INTENTION OF RETURNING. Meaning The spouse who has left the conjugal dwelling FOR A PERIOD OF THREE MONTHS or has FAILED within the same period to give any information as to his or her whereabouts shall be PRIMA FACIE PRESUMED to have no intention of returning to the conjugal dwelling.

the family, the AGGRIEVED SPOUSE may petition the court for RECEIVERSHIP, for JUDICIAL SEPARATION OF PROPERTY or for AUTHORITY TO BE THE SOLE ADMINISTRATOR of the conjugal partnership property, subject to such precautionary conditions as the court may impose. Definition of obligations (par. 2) The OBLIGATIONS to the family mentioned in the preceding paragraph refer to MARITAL, PARENTAL or PROPERTY relations. When does abandonment happen? (par. 3) The spouse is DEEMED TO HAVE ABANDONED the other when he or she has LEFT THE CONJUGAL DWELLING WITHOUT ANY INTENTION OF RETURNING. Meaning The spouse who has left the conjugal dwelling FOR A PERIOD OF THREE MONTHS or has FAILED within the same period to give any information as to his or her whereabouts shall be PRIMA FACIE PRESUMED to have no intention of returning to the conjugal dwelling.

LIQUIDATION

Dissolution by legal separation, annulment, declaration of nullity [ART 102] Upon DISSOLUTION of the absolute community regime, the FOLLOWING PROCEDURE shall apply (1) An INVENTORY shall be prepared, LISTING SEPARATELY all the properties of the absolute community and the EXCLUSIVE PROPERTIES of each spouse.

Dissolution by legal separation, annulment, declaration of nullity [ART 129] Upon DISSOLUTION of the conjugal partnership regime, the FOLLOWING PROCEDURE shall apply: (1) An INVENTORY shall be prepared, LISTING SEPARATELY all the properties of the absolute community and the EXCLUSIVE PROPERTIES of each spouse. (2) Amounts ADVANCED by the conjugal partnership

(2) The DEBTS and OBLIGATIONS of the absolute community shall be paid OUT OF ITS ASSETS. In case of INSUFFICIENCY of said assets, the spouses shall be SOLIDARILY LIABLE for the unpaid balance with their separate properties in nd accordance with the provisions if the 2 par. of Art 94. (3) WHATEVER REMAINS of the exclusive properties of the spouses shall thereafter be delivered to each of them. (4) The NET REMAINDER of the properties of the absolute community shall constitute its NET ASSETS, which shall be DIVIDED EQUALLY between husband and wife, UNLESS a different proportion or division was agreed upon in the marriage settlements or UNLESS there has been a VOLUNTARY WAIVER of such share as provided in this Code. Computing the net profits For the purposes of COMPUTING THE NET PROFITS subject to forfeiture in accordance with Art. 43 (2) and 63 (2), the said PROFITS shall be the INCREASE IN VALUE between the MARKET VALUE of the common property . at the TIME OF CELEBRATION OF MARRIAGE and the MARKET VALUE at the time of its DISSOLUTION. Presumptive legitimes (5) The PRESUMPTIVE LEGITIMES of the COMMON CHILDREN shall be delivered upon PARTITION, in accordance with Art 51 Conjugal dwelling & lot (6) Unless otherwise agreed upon by the parties, in the partition of the properties, the CONJUGAL DWELLING and the LOT on which it is situated shall be ADJUDICATED TO THE SPOUSE whom the majority of the common children choose to remain. CHILDREN below the age of 7 YEARS are deemed to have chosen the MOTHER, unless the court has decided otherwise. In

(3)

(4)

(5)

(6)

(7) -

in PAYMENTS of PERSONAL DEBTS and OBLIGATIONS of either spouse shall be credited to the conjugal partnership as an asset thereof. EACH spouse shall be REIMBURSED for the use of his or her EXCLUSIVE FUNDS in the acquisition of property OR for the value of his or her exclusive property, the OWNERSHIP of which has been vested by law in the conjugal partnership. The DEBTS and OBLIGATIONS of the conjugal partnership shall be paid OUT OF THE CONJUGAL ASSETS. In case of INSUFFICIENCY of said assets, the spouses shall be SOLIDARILY LIABLE for the unpaid balance with their separate properties in accordance with the provisions of paragraph (2) of Art 121. WHATEVER REMAINS of the exclusive properties of the spouses shall thereafter be delivered to each of them. Unless the owner had been INDEMNIFIED from WHATEVER SOURCE, the LOSS or DETERIORATION of movables used for the benefit of the family, belonging to either spouse, even due to FORTUITOUS EVENT, shall be paid to said spouse from the conjugal funds if any. The NET REMAINDER of the conjugal partnership properties SHALL CONSTITUTE the PROFITS, which shall be delivered EQUALLY between husband and wife, UNLESS a different proportion or division was agreed upon in the marriage settlements or UNLESS there has been a VOLUNTARY WAIVER or FORFEITURE of such share as provided in this Code.

Presumptive legitimes (8) The PRESUMPTIVE LEGITIMES of the COMMON CHILDREN shall be delivered upon PARTITION, in accordance with Art 51. Conjugal dwelling & lot (9) In the PARTITION OF THE PROPERTIES, the CONJUGAL DWELLING and the LOT on which it is situationed shall, UNLESS otherwise agreed upon by the parties, be ADJUDICATED TO THE SPOUSE

case there is NO SUCH MAJORITY, the court shall decide, taking into consideration the BEST INTERESTS of the said children. Dissolution by death [ART 103] Upon the termination of the marriage BY DEATH, the community property shall be LIQUIDATED in the SAME PROCEEDING FOR THE SETTLEMENT OF THE ESTATE OF THE DISEASED. If NO JUDICIAL SETTLEMENT proceeding is instituted, the SURVIVING SPOUSE shall liquidate the community property either JUDICIALLY or EXTRAJUDICIALLY within ONE YEAR from the death of the deceased spouse. If upon the LAPSE OF THE SAID PERIOD, no liquidation is made, any disposition or encumbrance involving the community property of the terminated marriage SHALL BE VOID. In case of a subsequent marriage (par. 3) Should the surviving spouse contract a SUBSEQUENT MARRIAGE without compliance with the foregoing requirements, a MANDATORY REGIME OF COMPLETE SEPARATION OF PROPERTY shall govern the property relations of the subsequent marriage. Two or more marriages before the FC [ART 104] Whenever the LIQUIDATION of the community properties of TWO OR MORE MARRIAGES contracted by the same person BEFORE THE EFFECTIVITY OF THIS CODE is carried out simultaneously, the respective CAPITAL, FRUITS and INCOME of each community shall be determined upon such proof as may be considered according to the rules of evidence. In case of doubt as to which community the existing properties belong, the same shall be divided between or among the different communities in proportion to the CAPITAL and DURATION of each.

whom the majority of the common children choose to remain. CHILDREN below the age of 7 YEARS are deemed to have chosen the MOTHER, unless the court has decided otherwise. In case there is NO SUCH MAJORITY, the court shall decide, taking into consideration the BEST INTERESTS of the said children. Dissolution by death [ART 130] Upon the termination of marriage BY DEATH, the conjugal partnership property shall be LIQUIDATED in the SAME PROCEEDING FOR THE SETTLEMENT OF THE ESTATE OF THE DISEASED. If NO JUDICIAL SETTLEMENT proceeding is instituted, the SURVIVING SPOUSE shall liquidate the community property either JUDICIALLY or EXTRA-JUDICIALLY within ONE YEAR from the death of the deceased spouse. If upon the LAPSE OF THE SIX MONTH PERIOD, no liquidation is made, any disposition or encumbrance involving the conjugal partnership property of the terminated marriage SHALL BE VOID. In case of a subsequent marriage (par. 3) Should the surviving spouse contract a SUBSEQUENT MARRIAGE without compliance with the foregoing requirements, a MANDATORY REGIME OF COMPLETE SEPARATION OF PROPERTY shall govern the property relations of the subsequent marriage. [ART 131] Whenever the LIQUIDATION of the conjugal partnership properties of TWO OR MORE MARRIAGES contracted by the same person BEFORE THE EFFECTIVITY OF THIS CODE is carried out SIMULTANEOUSLY, the respective CAPITAL, FRUITS and INCOME of each partnership shall be determined UPON SUCH PROOF as may be considered according to the rules of evidence. In case of DOUBT, as to which PARTNERSHIP the existing properties belong, the same shall be DIVIDED BETWEEN THE DIFFERENT PARTNERSHIPS in proportion to the CAPITAL and DURATION of each. [ART 132] The Rules of Court on the ADMINISTRATION of ESTATES of deceased persons shall be observed in the APPRAISAL and SALE of PROPERTY of the conjugal

partnership, and other matters which are NOT EXPRESSLY DETERMINED in this Chapter. [ART 133] From the COMMON MASS OF PROPERTY SUPPORT shall be given to the surviving spouse and to the children DURING the LIQUIDATION of the INVENTORIED PROPERTY and until what belongs to them is delivered; BUT from this SHALL BE DEDUCTED that amount received for support which EXCEEDS the fruits or rents pertaining to them.

PROCEDURE IN LIQUIDATION Absolute Community of Property Inventory listing separately all properties of the ACP and the exclusive properties of each spouse Not Applicable; presumption that everything belongs to ACP Not Applicable Payment of debts and obligations of the ACP (assets of ACP _ separate properties of spouses solidarily liable) Delivery of whatever remains of the exclusive properties of the spouses Not Applicable because whatever is used by the family forms part of the ACP while only the fruits form part of the CPG Equal division of the net remainder of the properties of the ACP which constitutes its net assets UNLESS: 1. A different proportion or division was agreed upon in the marriage settlement 2. There has been a voluntary waiver by one spouse of his/her share 3. The share of the guilty spouse is forfeited Delivery of the presumptive legitimes of common children upon partition under Art. 51 Adjudication of the conjugal dwelling and lot as follows: 1. In accordance with the agreement of the parties, if any 2. To the spouse with whom the majority of the common children choose to remain (tender years presumption applies) 3. Court decision taking into consideration the best interests of the children Conjugal Partnership of Gains Inventory listing separately all properties of the CPG and the exclusive properties of each spouse Amounts advanced by the CPG in payment of personal debts and obligations of each spouse credited to the CPG as part of its assets Reimbursement of each spouse for the use of exclusive funds in the acquisition of property or for the value of exclusive property the ownership of which has been vested by law in the CPG Payment of debts and obligations of the CPG (assets of CPG _ separate properties of spouses solidarily liable) Delivery of whatever remains of the exclusive properties of the spouses Payment from the CPG of the loss or deterioration (even due to fortuitous event) of movables used by the family belonging to either spouse Equal division of the net remainder of the properties of the CPG which constitutes its profits UNLESS: 1. A different proportion or division was agreed upon in the marriage settlement 2. There has been a voluntary waiver by one spouse of his/her share 3. The share of the guilty spouse is forfeited Delivery of the presumptive legitimes of common children upon partition under Art. 51 Adjudication of the conjugal dwelling and lot as follows: 1. In accordance with the agreement of the parties, if any 2. To the spouse with whom the majority of the common children choose to remain (tender years presumption applies) 3. Court decision taking into consideration the best interests of the children