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AllBar 2024CIVIL LAWIII. PERSONS AND FAMILY RELATIONSK. Property Relations Between Spouses (Family Code, arts. 74-81)2. Marriage Settlements - Family Code, arts. 75-81a. Absolute Community of Property Regime - Family Code, arts. 84 and 88-104

Question

Marriage Settlements - Absolute Community of Property Regime

John and Jane, both Filipino citizens, got married without executing any prenuptial agreement. They have been married for 5 years and acquired several properties during their marriage. Recently, they decided to separate and are now going through the process of dividing their assets.

Based on the provisions of the Family Code of the Philippines, particularly articles 84 and 88-104, answer the following questions:

  1. What is the legal regime that governs John and Jane's property relationship as a result of their marriage?
  2. What are the characteristics and consequences of the Absolute Community of Property regime?
  3. Are there any exceptions or limitations to the Absolute Community of Property regime?



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Bar Review Question: Marriage Settlements - Absolute Community of Property Regime John and Jane, both Filipino citizens