Tuesday, October 18, 2011

Property is either public or private ownership



CHAPTER 3
PROPERTY IN RELATION TO THE PERSON TO WHOM IT BELONGS
 
Art. 419. Property is either of public dominion or of private ownership.




Discussion:


Property are classified according to ownership. This article expressly states that properties are owned either in a public capacity or in a private capacity. Regarding the state, it may own properties both in its public capacity and in its private capacity. 

It's either consumable or nonconsumable

consumable 
 Article 418. Movable property is either consumable or nonconsumable. 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.


Discussion:
Consumable cannot be used according to its nature without its being consumed and non-consumable are any other kind of movable property.


 

Thursday, October 13, 2011

personal agriculture properties


Art. 417. 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. 


Discussion:
It is clearly stated here that an owner’s share of stocks in the agricultural, commercial and industrial entities are considered personal property.
If somebody steals your car, your right to bring an action to recover the automobile is personal property by itself. This is because your object of right is an immovable. A promisory note is personal property, the right to collect it is also personal property by analogy. Even if the sole property of a corporation should consist only of a real property, a share of stock in said corporation is considered personal property.



     

Personal Properties




CHAPTER 2
MOVABLE PROPERTY
 

Art. 416. 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 personal property;

    (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. (335a)
Discussions:
(1) There are many examples of  various kinds of personal property, such as a fountain pen, a piano and animals.
 (2) Growing crops for the purposes or the Chattel Mortgage Law; machinery placed on a tenement by a tenant, who did not act as the agent of the tenement owner.
(3)  Electricity, gas, light, nitrogen are the examples of this under control of science.
(4) Machinery not attached to land nor needed for the carrying on of an industry conducted therein; portable radio; a diploma hanging on the wall.

Contracts for public works

Article 415
10) Contracts for public works, and servitudes and other real rights over immovable property. (334a)

costruction of roads
Discussion:

Under the old Civil Code the words "administrative concessions for public works" were used instead of " contracts for public works". The properties referred to are not material things but rights, which are necessarily intangible. The piece of paper on which the contract for public works has been written is necessarily personal property, but the contract itself, or rather, the right to the contract, is real property.

Floating on River, lake or coast

Article 415
(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;

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.

mines, Quarries, Slag Dumps

Article 415
(8) Mines, quarries, and slag dumps, while the matter thereof forms part of the bed, and waters either running or stagnant;

Discussion:
Mines, including the minerals still attached thereto, are real properties, but when the minerals have been extracted, the latter become chattels. Slag dump is the dirt and soil taken from a mine and piled upon the surface of the ground. inside the dump can be found the minerals. Then, the waters referred to those still attached to or running thru the soil or ground. but still, the water itself as distinguished from waters, is clearly personal property.


slag dump