Civil Code Art. 1454: Implied Trusts

Statute: Civil Code
Article: Art. 1454
Topic: Implied Trusts
Book: BOOK IV Obligations and Contracts
Title: TITLE V TRUSTS
Chapter: CHAPTER 3 Implied Trusts
Year: 1949

The provision

If an absolute conveyance of property is made in order to secure the performance of an obligation of the grantor toward the grantee, a trust by virtue of law is established. If the fulfillment of the obligation is offered by the grantor when it becomes due, he may demand the reconveyance of the property to him.

Cases applying this article

The Bachrach Motor Co. v. Pablo A. Millan G.R. No. 42256
P. J. Salas Rodriguez v. Mariano P. Leuterio G.R. No. 23550

Related provisions in this Chapter

Civil Code, Art. 1453 Implied Trusts
Civil Code, Art. 1452 Implied Trusts
Civil Code, Art. 1456 Implied Trusts
Civil Code, Art. 1451 Implied Trusts
Civil Code, Art. 1457 Implied Trusts
Civil Code, Art. 1450 Implied Trusts

Civil Code, Art. 1454 is found in CHAPTER 3 Implied Trusts of TITLE V TRUSTS of BOOK IV Obligations and Contracts of the Civil Code of the Philippines (Republic Act No. 386).

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