Q. A & B are married. Out of the inheritance of A in the amount of P10M, they bought a house and lot and registered it under the name of B. State the relationship between A & B? (Solved)
1. B can claim to be the exclusive owner being the registered owner.
2. B is holding the property for the conjugal partnership since there is a presumption of conjugality of a property acquired by onerous title during the marriage.
3. B is holding the property in trust in favor of A.
4. B can properly contend that the property shall be divided into two(2) upon the dissolution of their marriage.
- c. B is holding the property in trust in favor of A.