Property Reviewer Paras

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TITLE I. – CLASSIFICATION OF PROPERTY  PRELIMINARY PROVISIONS Property – an object that which is, or may be, appropriated; o That branch of civil law which classies and denes the dierent kinds of appropriable objects, provides for their acquisition and loss, and in eneral, treats of the nature and consequences of real rihts! “Thing” diting!ihed "ro# “Property” "Thi "Thin n# # is broa broade derr in scop scope e for for it incl includ udes es both both appropriable and non$appropriable non$appropriable objects! %roperty %roperty involves both material and intanible thins! •

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C$%i&'%tion o" Thing &a' Res Nullius &belonin to no one'( thins that have not yet been appropriated, or because they have been abando abandoned ned (res derelicta the owne ownerr with with the derelictae) e) by the intent intention ion of no loner loner ownin ownin them! them! )!! )!! *ish still still swimmin in the ocean, wild animals, birds, pebbles lyin on the seashore! seashore! &b' Res Communes &belonin to everyone'( thins really owned by everybody in that their use and enjoyment are iven to all of mankind! )!! +ir, wind, sunliht, starliht! &c' Res &belonin in  to someo someone' ne'(( tani tanible ble or Res Alicujus Alicujus &belon intanible objects which are owned privately, either in a collective collective or individual individual capacity capacity! )!! ones book, book, shares of stock, parcel of land! C$%i&'%tion o" Property (a) Mobility and non-mobility  1! -ovable -ovable or or person personal al proper property ty .! /mmovable /mmovable or real real propert property y (b) Ownership Ownership 1! %ublic %ublic domini dominion on or ownership ownership .! %rivate %rivate dominion dominion or owner ownership ship (c) Alienability  Alienability  1! 0ith 0ithin in the comm commer erce ce of man man &can &can be objec objects ts of  contracts or juridical transactions'

.! uts utsid ide e the the comm commer erce ce of man man &e! &e!!! proh prohib ibit ited ed drus' (d) Existence Existence 1! %rese %resent nt prop propert erty y (rex existentes) .! *uture uture pro proper perty ty (res future) 2 3oth may be the subject of sale, but enerally not the subject of donation (e) Materiality or Immateriality  Immateriality  1! Tanible or corporeal corporeal – that can be be seen or touched .! /ntanible /ntanible or or incorpore incorporeal al – rihts or credits credits (f) Dependenc Dependence e or Importan Importance ce 1! %rin %rinci cipa pall .! +cce +ccess ssor ory y (g) apability of !ubstitution 1! *unible *unible – capable capable of substitu substitution tion by other other thins thins of  the same quantity and quality .! 4on$fu 4on$funi nible ble – incapa incapable ble of such such substi substitut tution ion;; the identical thin must be iven or returned (h) "ature or De#niteness De#niteness 1! 5eneric 5eneric – referr referrin in to a rou roup p or class class .! 6pecic 6pecic – refer referrin rin to to a sinle, sinle, uni$ue ob%ect  (i) &hether &hether in the usto ustody dy of the ourt ourt or 'ree 'ree custodia legis &in the custody 1! /n custodia custody of the court' court' – when it has been sei7ed by an o8cer under a writ of attachment or under a writ of e9ecution .! *ree – not not in the the custody custody of the the court court

Ch%r%'teriti' o" Property &a' :tility for the satisfaction of moral or economic economic wants &b' 6usceptibility of appropriation appropriation &c' /ndividuality or substantivity substantivity &i!e!, it can can e9ist by itself, itself, and not merely as part of a whole' Art. ()(. A$$ thing *hi'h %re or #%y +e the o+,e't o"  %ppropri%tion %ppropri%tion %re 'onidered either)/I##o0%+$e or re%$ property1 or 2/Mo0%+$e or peron%$ property. I#por I#port%n t%n'e 'e o" the C$% C$%i& i&'% '%tio tion n o" Proper Property ty Into Into I##o0%+$e %nd Mo0%+$e

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ierent provisions of the law overn the acquisition, possession, disposition, loss, and reistration of  immovable and movables!

In'o#p$etene o" the C$%i&'%tion Mi3ed or e#i4i##o0%+$e – movable properties which under certain conditions, may be considered immoable by virtue of their bein attached to an immovable for certain specied purposes! 2 -achines are immovable •

5itori'%$ Note udo ? >uym evelopment