CHAPTER 2 MOVABLE PROPERTY Flashcards

(3 cards)

1
Q

Article 416 - What are the things that are deemed to be personal property?

A

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)

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2
Q

Article 417 - Under this provision, what are the other things considered as personal property?

A

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.

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3
Q

Article 418 - What are the two types of movable property?

A

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

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