Statute
Philippine Civil Code
Article
Art. 500
Topic
Co-Ownership
Status
In force
Book
BOOK II PROPERTY, OWNERSHIP, AND ITS MODIFICATIONS
Title
TITLE III CO-OWNERSHIP
Year
1949
Cited by
A Supreme Court decision

The provision

Upon partition, there shall be a mutual accounting for benefits received and reimbursements for expenses made. Likewise, each co-owner shall pay for damages caused by reason of his negligence or fraud. (n)

Cases applying this article

Related provisions

Civil Code, Art. 500 is found in TITLE III CO-OWNERSHIP of BOOK II PROPERTY, OWNERSHIP, AND ITS MODIFICATIONS of the Civil Code of the Philippines (Republic Act No. 386).

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Reviewed by the Intellegal Legal Team for currency against amending laws and Supreme Court jurisprudence.

Research aid — not legal advice. Verify the current text against the Official Gazette. Provisions may have been amended or repealed. Using this page creates no attorney-client relationship. For legal advice, consult a Philippine lawyer.