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Possession. Usufruct
Possession. Usufruct
How acquired:
Degrees of possession:
Classes of ownership:
Effects:
1. in good faith – not aware that there exist flaw in title or mode w/c
invalidates it; mistake upon doubtful question of law; always presumed; it
may be interrupted – by extraneous evidence or suit for recovery of property
of true owner
2. in bad faith – aware of defect
may acquire material possession but not right to possession; may only acquire them
through guardian or legal representatives
Acquisition
Rights of possessor:
Liabilities/duties of Possessor
Loss of possession:
Not lost:
1. Unlawfully deprived or lost
2. Acquired at public sale in good faith – with reimbursement
3. Provision of law enabling the apparent owner to dispose as if he is
owner
4. Sale under order of the court
5. Purchases made at merchant stores, fairs or markets
6. Negotiable document of title
1. Even for time being he may not know their whereabouts, possession of
movable is not deemed lost
2. When agent encumbered property without express authority – except
when ratified
3. Possession may still be recovered:
Title VI – USUFRUCT
1. things – movable/immovable
2. rights – provided it is not strictly personal
Kinds:
Rights of usufructuary:
1. Alienate thing
2. Can’t alter form or substance
3. Can’t do anything prejudicial to usufructuary
4. Construct any works Y make any improvement provided it does not
diminish value or usufruct or prejudice right of usufructuary
Obligations of usufructuary:
Obligations of owner
Extinguishment of usufruct