In addition, the Family Code of the Philippines obliges husband and wife to comply with their marital obligations. Article 68 provides that the division of marital property is not an easy task, especially when emotional ties are at stake, not to mention the fact that the question of who owns what is not always clear. Before signing a real estate transaction agreement, it is important to understand your rights to marital property. You can find more information with the following additional resources. Thus, the agreement you have with your wife is null and void and is contrary to the law. Cohabitation with a woman other than your wife is strictly prohibited by the revised penal code of the Philippines, as it is a concubinate punishable by imprisonment. .