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Under the conjugal partnership of gains regime:
1) The spouses place their separate property fruits, work income, and things acquired by chance or effort into a common fund.
2) Upon dissolution of marriage, the net gains and benefits obtained during marriage are divided equally between the spouses unless another proportion was stipulated.
3) The properties each spouse brings into the marriage belong to them exclusively, as does anything received through donation or gift, though the income and fruits of gift properties are considered conjugal.
Under the conjugal partnership of gains regime:
1) The spouses place their separate property fruits, work income, and things acquired by chance or effort into a common fund.
2) Upon dissolution of marriage, the net gains and benefits obtained during marriage are divided equally between the spouses unless another proportion was stipulated.
3) The properties each spouse brings into the marriage belong to them exclusively, as does anything received through donation or gift, though the income and fruits of gift properties are considered conjugal.
Under the conjugal partnership of gains regime:
1) The spouses place their separate property fruits, work income, and things acquired by chance or effort into a common fund.
2) Upon dissolution of marriage, the net gains and benefits obtained during marriage are divided equally between the spouses unless another proportion was stipulated.
3) The properties each spouse brings into the marriage belong to them exclusively, as does anything received through donation or gift, though the income and fruits of gift properties are considered conjugal.
In case the spouses agree upon the regime of conjugal partnership of gains. They shall place in common fund the fruits of their separate properties and income from their work or industry. And those acquired and by either or both by chance. The word effort connotes an activity or undertaking which may or may not be rewarded and the word chance includes activities like gambling and betting. The conjugal nature of a property is determined by law and not by the will of one of the spouses. The proof of acquisition of the property during the marriage suffices to render the statutory presumption of conjugality attached. Upon the dissolution of the marriage, the net gains or benefits obtained shall be divided equally between the spouses unless they have stipulated another proportion in their marriage settlement. Should the spouses agree upon the conjugal partnership of gains, its application shall commence at the precise moment when the marriage ceremony is celebrated. What is considered is the hour and not the date of the marriage. As in the case of the absolute community regime, no waiver of rights, interests, shares, and effects of the conjugal partnership of gains can be made during the marriage except upon judicial separation of property. Unlike the absolute community of property where in the rules on co-ownership apply in a suppletory manner, the conjugal partnership shall be governed by the rules on the contract of partnership in all that are not in conflict with what is expressly determined by the spouses in their marriage settlements. 1
EXCLUSIVE PROPERTY OF EACH SPOUSES
Under the conjugal partnership regime, all properties brought into the marriage by the contracting parties belong to each of them exclusively. The partnership does not produce the merger of the partnership. Hence, they can exercise all rights dominion or of ownership over these exclusive properties. The nature of the property as separate property shall remain unless the contrary is proved by positive and convincing evidence. Anything received by each spouse from any source by way of act of liberality of the giver, such as donation or gift, shall belong exclusively to the spouse-recipient and will not belong to the conjugal partnership property. This include moderate gifts given by one spouse to another during family occasions. An honorarium may be included as property acquired by gratuitous title as it has as it has been defined as something given mot as a matter of obligation but in appreciation for service rendered, a voluntary donation in consideration of services which admit no compensation in money. It must be observed that, in the conjugal partnership property regime, the income and the fruits of the property acquired by gratuitous title shall be considered conjugal.