Page 110 - Important Provisions of The New Civil Code

Article 148. In cases of cohabitation not falling

under the preceding Article, only the

properties acquired by both of the parties

through their actual joint contribution of

money, property, or industry shall be owned by

them in common in proportion to their

respective contributions. In the absence of

proof to the contrary, their contributions and

corresponding shares are presumed to be

equal. The same rule and presumption shall

apply to joint deposits of money and evidences

of credit.