State Act

Portuguese Civil Code, 1867

Article 1498 - Reduction of gifts on immobile assets - If the gift consists of immobile assets, the reduction shall be made in kind. § 1 - The single sole paragraph of the preceding article shall be applicable to these gifts; § 2 - The value of the gifted immovable assets shall be calculated by reference to the time at which the reduction takes place, the calculation neither taking into account the added value deriving from improvements made by the donee, nor, on the other hand, the decrease of that value deriving from damage attributable to the same donee.