Article 493

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

Each co-owner fully owns their individual share (and its profits) and can sell, assign, or mortgage it, or even let someone else use it — but any such transfer only affects whatever portion they end up with once the co-ownership is eventually divided.

Official text — RA 386

Each co-owner shall have the full ownership of his part and of the fruits and benefits pertaining thereto, and he may therefore alienate, assign or mortgage it, and even substitute another person in its enjoyment, except when personal rights are involved. But the effect of the alienation or the mortgage, with respect to the co-owners, shall be limited to the portion which may be allotted to him in the division upon the termination of the co-ownership. (399)

Source: lawphil.net (RA 386 as amended)

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