2- Property Flashcards

1
Q

Property can be distinguished according to whether it is __ or __, ___ or ___.

A

corporeal
incorporeal
immovable
movable

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2
Q

3 examples of incorporeal property

A

intellectual property
Right (shares, bonds)
Claim

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3
Q

Immovable property is divided into 2 categories

A
  • Immovables by nature (lands, plants)
  • Immovables by destination (windows, doors)
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4
Q

Movable property can be divided into 3 categories:

A

Movables by nature (car)
Movables by anticipation (crop)
Movables by determination of law (shares)

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5
Q

Patrimonial rights are divided into three categories:

A
  • Real rights
  • Intellectual property rights
  • Personal rights
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6
Q

what does a real right give a person?

A

direct and immediate power over a physical asset or thing

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7
Q

2 examples intellectual property right

A

Copyrights and patents

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8
Q

What is a personal right?

A

a right the creditor has to require the debtor to do or refrain from doing something.

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9
Q

The most important and absolute of rights over corporeal property is the right of

A

ownership

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10
Q

The “special modes” of ownership comprise several ways to exercise or share that right.
The principal “modes” are: (4)

A
  • co-ownership
  • time sharing
  • conditional ownership
  • superficies
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11
Q

There are two forms of co-ownership:

A
  • undivided co-ownership
  • divided co-ownership (condominium)
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12
Q

In undivided co-ownership, each owner holds __ of the right of ownership over the __

A

a portion
whole asset

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13
Q

Divided co-ownership, commonly known as “condominium,” applies to an __ and gives each co-owner exclusive ownership of a defined part of the building (dwelling unit) and ___ ownership of the common portions of the property.

A

immovable
undivided

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14
Q

Divided co-ownership is established by publication of a “declaration of co-ownership” in the ___

A

land register

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15
Q

___ is the right one person has to own a building situated on land that belongs to someone else.

A

Superficies

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16
Q

Usufruct is the right to

A

use an asset and profit from its fruits. (rental income)

17
Q

The holder of the usufruct is called the “usufructuary.” The ultimate owner of the asset at the end of the usufruct is
called the ___

A

bare owner

18
Q

Can the bare owner profit from income from the asset for the duration of the usufructary?

A

No

19
Q

Usufruct is always temporary and cannot exceed ___ years. If the usufructuary is a natural person, it ends

A

100
at death.

20
Q

The law defines a servitude as a charge imposed on an immovable, called the ___ land, for the use and utility of another immovable, called the __ land. The lands belong to different people

A

servient
dominant

21
Q

TYPES OF SERVITUDES

A
  • Right of view
  • Right of way
  • No-building
22
Q
  • Right of view example
A

cannot install windows on a building if they are under a given distance from a neighbouring building.

23
Q

Servitudes can be established by: (2)

A

Contract
Law

24
Q

A servitude can be perpetual. It can end, however, when: (4)

A
  • it is no longer possible to exercise it
  • the term comes to an end
  • the same person becomes owner of both lands
  • it has been in disuse for 10 years
25
Q

Right of use is the right to

A

temporarily use an object.

26
Q

The matrimonial regimes are: (3)

A
  • partnership of acquests
  • separation as to property
  • community of property
27
Q

SEPARATION AS TO PROPERTY
Each spouse has exclusive ownership of his or her property and is responsible for his or her own debts. There is no common ownership other than: (2)

A
  • undivided property they acquired together
  • debts incurred to maintain the household
28
Q

What are Acquests?

A

Wages earned during the marriage as well as income gained and property acquired with these earnings

29
Q

assets included in the family patrimony without regard for the date they were acquired (4)

A
  • family residences (primary or secondary)
  • the rights conferred by the use of the family residences
  • movable property used for the household
  • vehicles for family travel
30
Q

Other assets included in the family patrimony only if they were acquired during the marriage (2)

A
  • benefits acquired under a retirement plan
  • benefits accrued under the QPP or other equivalent plans
31
Q

All assets devolved by ___ or ___ are excluded from the family patrimony

A

succession
gift

32
Q

What is PARTITION and how do you calculate it?

A
  • The net value of the assets that make up the family patrimony
  • must be divided equally between the spouses.
33
Q

A ___ permits a spouse who significantly contributed to the other’s enrichment in property or services during their life together to receive fair compensation for that contribution

A

compensatory allowance