Professional Documents
Culture Documents
REVIEWER
REVIEWER
REVIEWER
Fungible
- replaceable by another property with the same kind of equal quantity
o equality by nature or by agreement
LIMITATIONS TO OWNERSHIP
(3) Inherent Powers of the State
Police Power
- destruction/taking of private property for the general welfare of society
- without just compensation
Eminent Domain
- taking of private property for public use
- with just compensation
Taxation
- imposition of taxes
Limitations Imposed by 3rd Persons [Article 431, New Civil Code]
- impairment of others’ rights
HIDDEN TREASURE [Article 438, New Civil Code]
- hidden and unknown money, jewelry, and other precious objects discovered
by chance
o the lawful owner is unknown
- shared with a spouse under Absolute Community Property [Article 117,
Family Code]
- G.R. Owner of the property; discovers = owns hidden treasure //
o the State, in the interest of Science or the Arts
with just price
o Finder’s entitlement
½ of the Hidden Treasure
Not an Agent or Trespasser
ACCESSION
- not a mode of acquiring ownership
o an extension of ownership over a thing to whatever is incorporated into
it
natural or artificial
CIVIL LAW: PROPERTY – REVIEWER
Category Personalities
Landowner = B/P/S B/P/S Landowner
Different from the owner of the material Owner of the material
Landowner Landowner
Different from the Owner of the material,
who is the B/P/S B/P/S Owner of the material
Landowner Landowner
Different from the Owner of the material Owner of the Material
Different from the B/P/S B/P/S
- //
o by accident in Good Faith = Co-Ownership
o by accident in Bad Faith
liability for damages
loss of right over property
Specification
- the transformation of an object by the application of labor
o becoming a thing of a different kind
o HUMAN LABOR is the principal
- the identity of the personal property is transferred to another by human
intervention
- RULES:
o EMPLOYER OF LABOR IN GOOD FAITH
G.N. Maker acquires the new thing and compensates the owner of
the materials. [(1) Art. 474]
If the value of the material is greater than the value of labor, the
Owner Of The Material may:
to acquire the property & indemnify for labor
demand indemnity for the material
o EMPLOYER OF LABOR IN BAD FAITH
The owner of the material may:
acquire the result without indemnity (due to the
impossibility of separation)
acquire indemnity for the material with damages
o OWNER OF MATERIAL IN BAD FAIT
the material is lost, and damages must be paid
QUIETING OF TITLE
CO-OWNERSHIP
POSSESSION4
2. Of Enjoyment
3. Of Guaranty
4. Of Acquisition