Article 243
ELI5— what this means for you
The family home extrajudicially formed shall be exempt from execution, forced sale or attachment, except: (1) For nonpayment of taxes.
Official text — RA 386
The family home extrajudicially formed shall be exempt from execution, forced sale or attachment, except:
(1) For nonpayment of taxes;
(2) For debts incurred before the declaration was recorded in the Registry of Property;
(3) For debts secured by mortgages on the premises before or after such record of the declaration;
(4) For debts due to laborers, mechanics, architects, builders, material-men and others who have rendered service or furnished material for the prosecution of the building.
Source: lawphil.net (RA 386 as amended)
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