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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

Scenario:

Mark and Sarah got married in the Philippines. They decided to enter into a marriage settlement to govern their property relations during their marriage. They opted for the Absolute Community of Property regime under the Family Code of the Philippines, specifically governed by Articles 88-104.

Question:

1. What are the characteristics and consequences of the Absolute Community of Property regime under the Family Code? Discuss the respective rights and obligations of Mark and Sarah as spouses under this regime.




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Bar Review Question: Marriage Settlements - Absolute Community of Property Regime Scenario: Mark and Sarah got married