Practice question
Does a purely gratuitous donee automatically satisfy the purchase-for-value element merely because the donor signs a deed?
- Yes; every free gift necessarily is a full fair purchase price.
- Only the deed's paper color counts as value.
- No; the consideration element cannot be supplied solely by a gratuitous transfer.
- Every donee automatically satisfies all defenses.
- The donor's preference repeals 44.
Legal references
- PD1529 Sections31-34 and44: https://lawphil.net/statutes/presdecs/pd1978/pd_1529_1978.html
- Magsano v. Pangasinan Savings and Loan Bank, G.R.215038, October17,2016, MAIN: https://lawphil.net/judjuris/juri2016/oct2016/gr_215038_2016.html
- Duenas v. Metrobank, G.R.209463, November29,2022, EN BANC MAIN, good faith through registration: https://lawphil.net/judjuris/juri2022/nov2022/gr_209463_2022.html
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