Page 174 - Important Provisions of The New Civil Code

Article 494. No co-owner shall be obliged to

remain in the co-ownership. Each co-owner

may demand at any time the partition of the

thing owned in common, insofar as his share is

concerned.

Nevertheless, an agreement to keep the thing

undivided for a certain period of time, not

exceeding ten years, shall be valid. This term

may be extended by a new agreement.

A donor or testator may prohibit partition for a

period which shall not exceed twenty years.

Neither shall there be any partition when it is

prohibited by law.

No prescription shall run in favor of a co-owner

or co-heir against his co-owners or co-heirs so

long as he expressly or impliedly recognizes the

co-ownership. (400a)