Practice question
Two unrelated persons jointly purchase property and agree that legal title will be placed in one person's name for their common benefit in their respective proportions. Which provision recognizes the other purchaser's beneficial interest?
- Article 1452 on an implied trust arising from a common purchase arrangement
- A rule that title in one name always eliminates every other interest
- A rule requiring every purchase to be a donation
- Article 1443 as automatically making every implied trust void
- A rule that unrelated persons cannot share beneficial interests
Legal references
- Civil Code Articles 1440–1457: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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