Article 748
ELI5— what this means for you
Donations of movable property worth more than ₱5,000 must be in writing (the donation and the acceptance) — otherwise void. For ₱5,000 or less, it can be oral if the thing is immediately delivered.
Official text — RA 386
The donation of a movable may be made orally or in writing.
An oral donation requires the simultaneous delivery of the thing or of the document representing the right donated.
If the value of the personal property donated exceeds five thousand pesos, the donation and the acceptance shall be made in writing. Otherwise, the donation shall be void. (632a)
Source: lawphil.net (RA 386 as amended)
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