2- Property Flashcards
Property can be distinguished according to whether it is __ or __, ___ or ___.
corporeal
incorporeal
immovable
movable
3 examples of incorporeal property
intellectual property
Right (shares, bonds)
Claim
Immovable property is divided into 2 categories
- Immovables by nature (lands, plants)
- Immovables by destination (windows, doors)
Movable property can be divided into 3 categories:
Movables by nature (car)
Movables by anticipation (crop)
Movables by determination of law (shares)
Patrimonial rights are divided into three categories:
- Real rights
- Intellectual property rights
- Personal rights
what does a real right give a person?
direct and immediate power over a physical asset or thing
2 examples intellectual property right
Copyrights and patents
What is a personal right?
a right the creditor has to require the debtor to do or refrain from doing something.
The most important and absolute of rights over corporeal property is the right of
ownership
The “special modes” of ownership comprise several ways to exercise or share that right.
The principal “modes” are: (4)
- co-ownership
- time sharing
- conditional ownership
- superficies
There are two forms of co-ownership:
- undivided co-ownership
- divided co-ownership (condominium)
In undivided co-ownership, each owner holds __ of the right of ownership over the __
a portion
whole asset
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.
immovable
undivided
Divided co-ownership is established by publication of a “declaration of co-ownership” in the ___
land register
___ is the right one person has to own a building situated on land that belongs to someone else.
Superficies