Partnership Reviewer De Leon ⏰

If you are a law student entering your second or third year, buy it. If you are a Bar candidate, borrow it. If you are a practitioner who needs a quick refresher on dissolving a family business—keep it on your shelf.

The primary intent must be to divide profits among the partners. De Leon notes that while sharing losses is a necessary consequence of the relationship, a stipulation excluding a partner from sharing in profits is generally void. The Test of Existence

Your professor calls you for "Partnership." Read the Codal provisions (Arts. 1767-1780) first. Then, open De Leon. He lists the most common recitation questions at the top of each chapter. Memorize his three-sentence answers. partnership reviewer de leon

The reviewer dedicates significant space to the distinction between:

The "Partnership Reviewer" is technically part of his larger work, Comments and Cases on Partnership, Agency, and Trusts . However, the partnership segment is so critical that it is often bound or sold separately as a "reviewer." It is tailored specifically for the Philippine Bar Exam, focusing on black-letter law and Supreme Court jurisprudence. If you are a law student entering your

Confusion often arises regarding what belongs to the partnership and what belongs to the individual partner. De Leon navigates this by explaining the theory of "partnership funds." He elucidates that property acquired with partnership funds is partnership property, regardless of the title. The reviewer cites cases where disputes arose over land titles, demonstrating how courts pierce through formal titles to determine the true nature of the asset.

Technically true, but incomplete. A partnership acquires juridical personality from the moment the contract is executed (Art. 1768). However, unlike a corporation, it does not have a separate legal personality strong enough to shield partners from liability. The primary intent must be to divide profits

De Leon’s reviewer forces you to understand the why behind the rule. It is the bridge between the raw Civil Code (dry and cryptic) and a Supreme Court decision (lengthy and intimidating).

According to Article 1767 of the Civil Code, as explained in the De Leon reviewer, a partnership is a contract where two or more persons bind themselves to contribute to a common fund, with the intention of dividing the profits among themselves.