PFR - ASSIGNMENT - Matrix

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MATRIX OF PROPERTY REGIME

ABSOLUTE COMMUNITY REGIME

Status of Marriage Legally married

Automatic Applicability in If marriage took place after August 3, 1988 


the Absence of Pre-
nuptial Agreement

Establishment It shall govern in the absence of marriage


settlement or when the regime agreed
upon is void

Property Covered Consist almost all the property owned by


the spouses

Basis Mutual Trust

Governing Rules The rules governing co-ownership shall


apply in all matters not provided for in the
Family Code.

Effect Parties are deemed as co-owners of


properties they both own at the time of the
celebration of marriage and those acquired
thereafter. 

Summary This property regime pools the property of


the husband and the wife together into one
common fund. This will include the
properties owned prior to the marriage.
Both parties also have equal rights to the
common fund. When married couples
decide to go separate says or dissolve their
marriage, the property should be equally
divided.
Commencement At the precise moment the marriage is
celebrated and any stipulation allowing for
the commencement of such system at a
later time shall be considered as void.

Exclusive Properties 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.

Administration Administration and enjoyment of the


community property shall belong to both
spouses jointly.

Donation Neither spouse may donate any community


property without the consent of the other.

Dissolution What is divided equally between the


spouses or their heirs upon the dissolution
and liquidation of the community property
is the net remainder of the properties of
the absolute community

Liquidation The net remainder of the community


properties is just divided between the
spouses or their heirs.
Termination Art. 99. The absolute community
terminates: (1) Upon the death of either
spouse; (2) When there is a decree of legal
separation; (3) When the marriage is
annulled or declared void; or (4) In case of
judicial separation of property during the
marriage under Article 134 to 138.
MATRIX OF PROPERTY REGIME

CONJUGAL PARTNERSHIP OF GAINS COMPLETE OR ABSOLUTE SEPARATION

Legally married Legally married

If marriage took place on or before August


3, 1988 

Agreed upon in the marriage settlement Agreed upon in the marriage settlement

Placed in common fund are: (1) Fruits of Each owns his own earnings
theire separate property and (2) Income
from their work and industry.

Presumption of solidarity between spouses Distrust

The rules on the contract of partnership Art. 143. The provisions of this chapter is
suppletory

Parties retain ownership over their Each spouse shall own, dispose of, possess,
respective properties. All property acquired administer and enjoy his or her own
during the marriage is presumed to be separate estate, without need of the
conjugal unless contrary provided. consent of the other.

Conjugal Partnership of Gains (CPG) is This means each one of the spouses owns
similar to Absolute Community of Property owns his or her exclusive properties, from
except that there is a difference in how the both present and future property, including
properties are acquired by each party prior the ones they already own prior to getting
to getting married. The properties married. If couples choose this property
produced during the marriage will go to the relation or regime, the means for
common fund or the Conjugal Property supporting their family is through the use of
where both spouses have equal rights. common fund. The contribution of each
part will depend on their income capacity.
It begins at the precise moment when the If the future spouses failed to choose the
marriage is celebrated, exactly like in system of complete separation
absolute community of property. of properties in their marriage settlements,
it is still possible for them to be governed
by this regime during their marriage by
going to court for a judicial order.

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.

The administration and enjoyment of the Parties are free to manage their respective
conjugal partnership shall belong to both properties without interference of the
spouses jointly other.

Neither spouse may donate any conjugal Parties are free to donate without
partnership property without the consent interference of the other.
of the other.

In the conjugal partnership of gains,


however, the separate properties of the
spouses are returned upon the dissolution
of the partnership, and only the net profits
of partnership are divided equally between
the spouses or their heirs.

The exclusive properties of the parties will


have to be identified and returned, and
sometimes, this identification is very
difficult.
Art. 126. The conjugal partnership
terminates: (1) Upon the death of either
spouse; (2) When there is a decree of legal
separation; (3) When the marriage is
annulled or declared void; or (4) In case of
judicial separation of property during the
marriage under Articles 134 to 138
PROPERTY REGIME OF UNION
WITHOUT MARRIAGE

Not legally married

Co-owners of properties

The rules of co-ownership

It applies to couples who are capable of


getting married but due to some reason did
not get married because the property
relations resemble that in CPG. This means
their possessions prior to their marriage
remain theirs, but the properties they
produce or acquire during their marriage
will be shared equally by both couples.
The co-ownership cannot be terminated
until the cohabitation is also terminated.

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