Chapter 4: Property Relations Flashcards

(51 cards)

1
Q

True or False

The prenuptial agreement must be in writing and must be recorded in the Local Civil Registry but not in the Register of Deeds

A

False

must also be recorded at the Register of Deeds where the affected property is located

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2
Q

Question

The prenuptial agreement must be in what form?

A

in writing

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3
Q

Question

When should the prenuptial agreement be executed?

A

prior to the celebration of the marriage

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4
Q

Question

Can the prenuptial agreement be amended after the celebration of marriage?

A

No, amendment may only be allowed before the celebration of marriage

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5
Q

True or False

The system of property relationship is applicable only to married persons

A

True

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6
Q

Term

It is used to distinguish a conjugal or community property from an exclusive property.

A

System of property relations

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7
Q

Term

Special contract of permanent union between a man and a woman in accordance with law

A

Marriage

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8
Q

Enumerate

Systems of property relationship

A
  • Absolute community of property
  • Conjugal partnership of gains
  • Complete separation of property
  • Any other regime
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9
Q

Question

Governs property relations between husband and wife whose marriage was celebrated before August 3, 1988

A

Civil Code

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10
Q

Question

Governs property relations between husband and wife whose marriage was celebrated on or after August 3, 1988

A

Family Code

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11
Q

Question

If no agreed system before marriage where data of marriage was before August 3, 1988, what system will apply?

A

Conjugal Partnership of Gains

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12
Q

Question

If no agreed system before marriage where marriage is on or after August 3, 1988, the system that will apply is?

A

Absolute community of property

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13
Q

True or False

Stipulations in settlements or contracts in consideration of marriage shall be rendered void if the marriage does not take place

A

True

Only valid if stipulations do not depend upon the celebration of marriage

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14
Q

Term

Property owned by both spouses

A

Conjugal property

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15
Q

Term

Property owned by either husband or wife

A

Exclusive property

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16
Q

Question

Most common regime in the Philippines

A

Absolute community of property

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17
Q

Explain

Absolute community of property

A
  • Spouses become co-owners of all property they bring into the marriage and those acquired by each or both of them during marriage

save for exceptions expressly enumerated by law

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18
Q

Question

When shall absolute community of property between spouses commence?

A

At the precise moment that the marriage is celebrated

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19
Q

True or False

In ACoP, any stipulation, express or implied, for the commencement of the community regime at any other time than the celebration of marriage shall be void

A

True

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20
Q

Enumerate

Exclusive property under ACoP

A
  • Property acquired during marriage by gratuitous title by either spouse and the fruits as wll as the income thereof, if any
  • Property for personal and exclusive use of either spouse
  • Property acquired before the marriage by either spouse who has legitimate descendants by a former marriage, and the fruits and income, if any of such property

  1. unless the donor, testator, or grantor expressly provides that it be part of community
  2. except jewelry, which forms part of the community property
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21
Q

Question

Classification of fruits or income under ACoP

A

depends on the classification of the principal or source of the fruits

22
Q

Explain

Conjugal partnership of gains

A

system of property relations under which:
* the husband and wife place in a common fund the proceeds, products, fruits, and income from their separate properties and those acquried by either or both spouses through their efforts or by chance, and upon dissolution of the marriage or of the partnership

23
Q

Question

When does CPoG apply?

A
  • When future spouses agree to it in the marriage settlements; or
  • To conjugal partnership of gains already established between spouses before August 3, 1988
24
Q

Enumerate (four)

Exclusive property under CPoG

A
  • That which is brought to the marriage as his or her own
  • That which each acquires during the marriage by gratuitous title
  • That which is acquired by right of redemption or by exchange with property belonging to only one of the spouses
  • That which is purchased with the exclusive money of the wife or the husband
25
# **True or False** All property acquired during the marriage, whether acquisition appears to have been made, contracted, or registered in the name of one or both spouses, is presumed to be exclusive unless contrary is proved.
False | presumed to be conjugal
26
# **Conjugal or Exclusive** CPG: Acquired by onerous title during the marriage at the expense of the common fund, where acquisition was for the partnership
Conjugal
27
# **Conjugal or Exclusive** CPG: That which is acquired by onerous title during the marriage at the expense of the common fund, where acquisition is for only one of the spouses
Conjugal
28
# **Conjugal or Exclusive** CPG: That which is obtained by labor, industry, or work, or profession of either spouses
Conjugal
29
# **Conjugal or Exclusive** CPG: That which is obtained by labor, industry, or work, or profession of both spouses
Conjugal
30
# **Conjugal or Exclusive** CPG: Fruits received during the marriage form exclusive property of each spouse
Conjugal
31
# **Conjugal or Exclusive** CPG: Fruits received or due during the marriage from common property of the spouses
Conjugal
32
# **Conjugal or Exclusive** CPG: Share in hidden treasure discovered during marriage which the law awards to the spouses or to either of them as finder or proprietor
Conjugal
33
# **Conjugal or Exclusive** CPG: Property acquired by occupation by either spouses
Conjugal
34
# **Conjugal or Exclusive** CPG: Livestock existing upon the dissolution of the partnership **in excess** of the number of each kind brought to the marriage by either spouse
Conjugal
35
# **Conjugal or Exclusive** CPG: Those which are acquired by chance, such as winnings from gambling or betting
Conjugal
36
# **Conjugal or Exclusive** CPG: Losses from gambling or betting
Exclusive
37
# **Conjugal or Exclusive** CPG: All properties owned before marriage and brought to the marriage
Exclusive
38
# **Conjugal or Exclusive** CPG: Property through gratuitous transfer
Exclusive
39
# **Conjugal or Exclusive** CPG: Property acquired using exclusive fund
Exclusive
40
# **Community or Exclusive** ACP: Property acquired during marriage through gratuitous title
Exclusive
41
# **Community or Exclusive** ACP: Fruits of property acquired during marriage by gratuitous title by either spouse
Exclusive
42
# **Community or Exclusive** ACP: Fruits of community property
Conjugal
43
# **Community or Exclusive** ACP: Property for personal and exclusive use of either spouse
Exclusive
44
# **Community or Exclusive** Jewelry (whether real or fake gems or stones)
Community
45
# **Community or Exclusive** Property acquired before the marriage by either spouse who has legitimate descendants by a former marriage
Exclusive
46
# **Community or Exclusive** ACP: All properties owned before marriage and brough to the marriage
Community
47
# **Community or Exclusive** Property acquired during marriage (not through gratuitous title)
Community
48
# **Community or Exclusive** ACP: Property acquired during marriage through inheritance or donation where donor provided that they shall form part of the community property
Community
49
# **Community or Exclusive** ACP: Property acquired using common fund
Community
50
# **Co-owned or Exclusive** Unions w/o marriage: Wages and salaries
Co-owned ## Footnote owned by them in equal shares
51
# **Co-owned or Exclusive** Unions w/o marriage: Property acquired by both of them through their work or industry
Co-owned