Text of the provision
Art. 1452. If two or more persons agree to purchase property and by common consent the legal title is taken in the name of one of them for the benefit of all, a trust is created by force of law in favor of the others in proportion to the interest of each.
Civil Code of the Philippines, Republic Act No. 386, approved June 18, 1949, effective August 30, 1950. Reproduced in full; verified verbatim against the LawPhil and ChanRobles official-text renderings.
What this article means
When several agree to buy property but title is taken in one's name for the benefit of all, a trust arises in favor of the others in proportion to their interests.
Related provisions
- Article 1451 — Trust From Succession.
- Article 1453 — Trust From a Declared Intention to Hold.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.