Perceptions.....
Marriage Settlement (Prenuptial Agreement) and Introduction to Property Relations in Marriage | Philippine e-Legal Forum
Finance & Legal Best Posts in Thread: Prenuptial
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I know several 4ners who have done the 25 year lease, with the automatic 25 year renewal.Completely legal here (4ners can enter into a lease agreement not to exceed 25 years, hence the automatic renewal after 25 years). Lending your partner money to buy a home and land is much more believable in court than the dummy "corporations" that some use to hold 40% of a business or property. Try and explain to a judge how the 3 or 4 "token" pinoys....... farmers, sari sari staff, car wash jockeys came to invest millions in the property and have signed a non voting status for the company's business. That's a scam that has been and is aggressively challenged in court.
If your partner knows she is tied up legally with respect to your staying on the property (lease) and knows she will get nothing if she repays you after selling the house (loan) she is less likely to change the locks, move in her "cousin" and leave you penniless and homeless when you return from a round of golf!!!
Mr Davidson whom started this thread is asking a good question and shown unlike many of us here (myself included) he is starting his life here thinking with his big head lol. Good luck buddy and excuse my sarcasm.-
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Dave_Hounddriver DI Forum Luminary Highly Rated Poster
You may have agreed on a prenuptial but did your future bride? Google: prenuptial photos Philippines to see what filipinas think of as preuptials.
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DavyL200 DI Forum Luminary ★ Global Mod ★ ★ Moderator ★ Highly Rated Poster Showcase Reviewer
All prenups have to be done before you are married here with anything to do with property etc. Try miguel law offices at the back of robinsons mall.
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