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AllBar 2024CIVIL LAWIV. PROPERTY, OWNERSHIP, AND ITS MODIFICATIONSE. Co-Ownership (Civil Code, arts. 484-501), Condominium Act (R.A. No. 4726, as amended)

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IV. PROPERTY, OWNERSHIP, AND ITS MODIFICATIONS:
E. Co-Ownership (Civil Code, arts. 484-501), Condominium Act (R.A. No. 4726, as amended)

1. Alex, Ben, and Charlie inherited a property from their late grandfather. They decided to convert the property into a condominium project. Alex contributed 50% of the capital for the project, while Ben and Charlie each contributed 25%. They formed a co-ownership agreement and registered the project under the Condominium Act. However, a dispute arose when Ben and Charlie refused to contribute their share of the expenses for the ongoing construction. Alex wants to know the legal recourse available to him as a co-owner.

2. Mary and Lisa are co-owners of a condominium unit. They agreed to a partition of the unit, with Mary taking the bedroom area and Lisa taking the living room area. However, Mary wants to change the allocation as she now realizes that Lisa's living room area has a better view. Lisa opposes the proposed change and claims that they should stick to their original agreement. Discuss the rights and remedies of the co-owners in this situation.

3. Jane, Patrick, and Sarah decided to purchase a commercial property together as co-owners, with equal shares. The property was registered under their names and they each paid their respective share of the purchase price. However, a few months later, Jane wants to sell her share to a third party. Patrick and Sarah object to the sale, arguing that they should have the right of first refusal. Determine the rights and obligations of the co-owners in relation to the disposition of their shares in the co-owned property.

4. Robert and Sophia bought a residential property as co-owners. They agreed to use the property as a vacation home and contribute equally to its maintenance expenses. However, Robert wants to use the property exclusively for the next three months, preventing Sophia from using it. Sophia claims that this is a violation of their agreement and demands access to the property. Analyze the rights and obligations of co-owners in relation to the use and enjoyment of the co-owned property.




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Bar Review Question: IV. PROPERTY, OWNERSHIP, AND ITS MODIFICATIONS: E. Co-Ownership (Civil Code, arts. 484-501), Condo