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Property ABSOLUTE COMMUNITY CONJUGAL PARTNERSHIP OF GAINS

WHEN - commence at the precise moment - precise moment (hour)


applicable marriage is celebrated
- upon dissolution: net gains or benefits shall be
divided equally
PROPERTIES - all properties owned before and those - placed in a common fund the proceeds,
covered acquired after products, fruits and income from separate
properties (work or industry- paraphernal
properties)

- - acquired through their efforts, chance

a. acquired by onerous title at the expense


of common fund
b. obtained from labor, industry, work,
profession
c. the fruits received from common
property
d. net fruits from exclusive property
e. hidden treasure
f. through occupation such as hunting/
fishing, livestock and chance
Separate a. acquired during by gratuitous a. brought to marriage as his or her own
Properties title, fruits and income - not merger of properties
(Properties - should be valid - pay for personal debts
EXCLUDED) b. property for personal and b. acquired during marriage by gratuitous
exclusive use except jewelry title
c. acquired before by spouse who - acquired by way of succession
has legitimate descendants c. acquired by right of redemption (spouse
(grandchildren, great-grand) who has right to redeem), by barter,
d. properties excluded from the exchange
marriage settlement d. purchased with exclusive money
WAIVER of - no waiver made except in case of - no waiver to avoid pressure or influence
rights judicial separation of property
RULED by - Co-ownership - contract of partnership
- no accretion
- presumption of conjugality

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