Art. 414. All things which are or may be the object of appropriation are considered either: (1) Immovable or real property: or (2) Movable or personal property Concept of Things and Property Things (cosa) o Any object that exists o Capable of satisfying human needs o Possessed (res alicujus) o Susceptible of appropriation (within the commerce of man) Property (bienes) o Already the object of appropriation o Found in the possession of man o Every species of title, inchoate or complete, legal or equitable Requisites of Property Utility o Capacity to satisfy some human wants o Endows property with value susceptible of pecuniary estimation.
Art. 414. All things which are or may be the object of
appropriation are considered either:(1) Immovable or real property:
or(2) Movable or personal property
Concept of Things and Property Things (cosa) Any object that
exists Capable of satisfying human needs Possessed (res alicujus)
Susceptible of appropriation (within the commerce of man) Property
(bienes) Already the object of appropriation Found in the
possession of man Every species of title, inchoate or complete,
legal or equitable
Requisites of Property Utility Capacity to satisfy some human
wants Endows property with value susceptible of pecuniary
estimation.
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