Text of the provision
Art. 762. Upon the revocation or reduction of the donation by the birth, appearance or adoption of a child, the property affected shall be returned or its value if the donee has sold the same. If the property is mortgaged, the donor may redeem the mortgage, by paying the amount guaranteed, with a right to recover the same from the donee. When the property cannot be returned, it shall be estimated at what it was worth at the time of the donation.
(645a)
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
On revocation or reduction, the property must be returned, or its value if the donee has sold it. If it is mortgaged, the donor may redeem the mortgage and recover that amount from the donee. Where the property cannot be returned, it is valued as of the time of the donation.
Related provisions
- Article 761 — How Much Is Revoked.
- Article 763 — Four Years to Bring the Action.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.