Professional Documents
Culture Documents
GR 169698 | Nov. 29, 2006 | Garcia wife, applies to properties acquired during said
cohabitation in proportion to their respective
Facts: contributions. Co ownership will only be up to
1. In 1983, Petitioner Lupo Atienza, as the extent of the proven actual contribution of
President and Gen. manager of two money, property, or industry. Absent proof of the
corporations, hired the services of extent thereof, their contributions and
Yolanda De castro as accountant for the corresponding shares shall be presumed to be
two corporations. equal.
2. On the later part of 1983, despite Lupo In this case, petitioner’s claim of co-
being a married man, he and Yolanda ownership in the disputed property is without
eventually lived together in consortium. basis because not only did he fail to substantiate
his alleged contribution in the purchase thereof
3. However, as their relationship turned but likewise the very trail of documents
sour, On May 28, 1992, Lupo filed a pertaining to its purchase as evidentiary proof
complaint against Yolanda for the redounds to the benefit of the respondent.
judicial partition between them of a
parcel of land with improvements In contrast, Yolanda was able to present
located in Bel-Air. preponderant evidence of her sole ownership.
There can clearly be no co-ownership when, as
4. He alleged that the subject property was here, the respondent sufficiently established that
acquired during his union with Yolanda she derived the funds used to purchase the
as common-law husband and wife, property from her earnings, not only as an
hence the property is co-owned by accountant but also as a businesswoman
them. engaged in foreign currency trading, money
lending and jewelry retail. She also presented
5. Lupo also contended that it was his her band account statements and bank
exclusive funds which was used in transactions, which reflect that she had the
acquiring such property. financial capacity to pay the purchase price of
the subject property.
6. However, Yolanda denied such
allegations and stated that she acquired
the same property using her exclusive
funds, thru her own savings and
earnings as a businesswoman.