Donation of an immovable property – The Manila Times

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Donation of an immovable property

I am an overseas Filipino worker who spent half of my life in a foreign country to earn money. As a result, I acquired two house and lots, which I intend to use when I retire. Just recently, my favorite nephew graduated from senior high school and his parents want him to study in Manila. Fortunately, one of my properties is near the school. In this regard, I would like to donate the same and transfer its ownership to my favorite nephew.

By this definition, you as a donor voluntarily transfer ownership over a property to your intended recipient or donee, who, in turn, accepts the donated property as a donee. “Article 749. In order that the donation of an immovable may be valid, it must be made in a public document, specifying therein the property donated and the value of the charges which the donee must satisfy.

“If the acceptance is made in a separate instrument, the donor shall be notified thereof in an authentic form, and this step shall be noted in both instruments.”

 

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