Civil Code Art. 1452: Implied Trusts

Statute: Civil Code
Article: Art. 1452
Topic: Implied Trusts
Book: BOOK IV Obligations and Contracts
Title: TITLE V TRUSTS
Chapter: CHAPTER 3 Implied Trusts
Year: 1949

The provision

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.

Cases applying this article

Pedro Roman v. Andres Grimalt G.R. No. 2412

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