Showing posts with label Property. Show all posts
Showing posts with label Property. Show all posts
What is Immovable Property?
The following are immovable property:
1) Land, buildings, roads and constructions of all kinds adhered to
the soil;
2) Trees, plants, and growing fruits, while they are attached to
the land or form an integral part of an immovable;
3) Everything attached to an immovable in a fixed manner, in such a
way that it cannot be separated therefrom without breaking the material or
deterioration of the object;
4) Statues, reliefs, paintings or other objects for use or
ornamentation, placed in buildings or on lands by the owner of the immovable in
such a manner that it reveals the intention to attach them permanently to the
tenements;
5) Machinery, receptacles, instruments or implements intended by
the owner of the tenement for an industry or works which may be carried on in a
building or on a piece of land, and which tend directly to meet the needs of
the said industry or works;
6) Animal houses, pigeon-houses, beehives, fish ponds or breeding
places of similar nature, in case their owner has placed them or preserves them
with the intention to have them permanently attached to the land, and forming a
permanent part of it; the animals in these places are included;
7) Fertilizer actually used on a piece of land;
8) Mines, quarries, and slag dumps, while the matter thereof forms
part of the bed, and waters either running or stagnant;
9) Docks and structures which, though floating, are intended by
their nature and object to remain at a fixed place on a river, lake, or coast;
10) Contracts for public works, and servitudes and other real
rights over immovable property. (Art. 415, CC)
What are the different classes of
immovable?
1) Immovable by nature - those which cannot be moved from
place to place
e.g. land and roads (no. 1)
mines, quarries and
slag dumps (no. 8)
2) Immovable by incorporation - those which are attached to
an immovable in such a manner as to form and integral part thereof
e.g. buildings and constructions of all kinds adhered to the
soil (no. 1)
trees,
plants, and growing fruits (no. 2)
everything attached to an immovable in a fixed
manner (no. 3)
statues, reliefs, paintings or other
objects (no. 4)
3) Immovable by destination - those which
are placed in an immovable for the use, exploitation or perfection of such
immovable
e.g. nos. 4, 5, 6, 7, and 9
4) Immovable by analogy - those which are
considered immovables by operation of law
e.g. contracts for public works, and
servitudes (no. 10)
What is Movable Property?
The following things are deemed to be personal property:
1) Those movables susceptible of
appropriation which are not included in the preceding article;
2) Real property which by any special
provision of law is considered as personalty;
3) Forces of nature which are brought
under control by science; and
4) In general, all things which can be
transported from place to place without impairment of the real property to
which they are fixed. (Art. 416, CC)
The following are also considered as
personal property:
1) Obligations and actions which have
for their object movables or demandable sums; and
2) Shares of stock of agricultural,
commercial and industrial entities, although they may have real estate. (Art. 417, CC)
Classification of movable property
Movable property is either consumable or
non-consumable. To the first class belong those movables which cannot be used
in a manner appropriate to their nature without their being consumed; to the
second class belong all the others. (Art. 418, CC)
As to their possibility
of being consumed by their use:
1. Consumables - those
which cannot be used in a manner appropriate to their nature without their
being consumed
2. Non-consumables
- those which can be used in a manner appropriate to their nature without
their being consumed
As to their possibility
of being substituted by others of the same kind and quality:
1. Fungibles - those
which can be substituted by others of the same kind and quality
2. Non-fungibles -
those which cannot be substituted by others of the same kind and quality
Test to determine whether an object is
movable or not
The tests which must be applied
successively are:
1. Whether the object can be transported
from place to place;
2. Whether the change of location can
take place without injury to the immovable to which it may be attached; and
3. Whether it is not included in the
enumeration found in Art. 415 of the Civil Code
If the answer to all above questions is
in the affirmative, then the object is movable.
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