Article 1453

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

When property is conveyed to a person in reliance upon his declared intention to hold it for, or transfer it to another or the grantor, there is an implied trust in favor of the person whose benefit is contemplated.

Official text — RA 386

Full article text is being added. Read the official text at officialgazette.gov.ph.

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