What information must be specified in the agreement to revive the former property regime after reconciliation?
An agreement to revive a marital property regime requires detailed and highly specific financial disclosures to be valid. It must specify the properties to be contributed anew and those to be retained as separate properties. It must also accurately list the names of all known creditors, their exact addresses, and the amounts owed. These strict disclosure requirements are legally enforced under Article 67 Family Code of the Philippines. “Art. 67. The agreement to revive the former property regime referred to in the preceding Article shall be executed under oath and shall specify: (1) The properties to be contributed anew to the restored regime; (2) Those to be retained as separate properties of each spouse; and (3) The names of all their known creditors, their addresses and the amounts owing to each.” 31-Jul-26About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
