Page 223 - Important Provisions of The New Civil Code

Article 764. The donation shall be revoked at

the instance of the donor, when the donee fails

to comply with any of the conditions which the

former imposed upon the latter.

In this case, the property donated shall be

returned to the donor, the alienations made by

the donee and the mortgages imposed thereon

by him being void, with the limitations

established, with regard to third persons, by the

Mortgage Law and the Land Registration Laws.

This action shall prescribe after four years from

the noncompliance with the condition, may be

transmitted to the heirs of the donor, and may

be exercised against the donee's heirs. (647a)