(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;
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| DOCKS |
Discussion:
A floating house tied to a shore or bank post and used as a residence is considered real property, considering that the waters on which it floats are considered immovables. Vessels are considered personal property. As a matter of fact, they are indeed very movable. Because they are personal property, they may be the subject of a chattel mortgage. Although vessels are personal property, they partake to a certain extent of the nature and the conditions of real property because of their value and importance in the world of commerce.
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