Podcast
Questions and Answers
A contract creating an obligation to transfer ownership of real estate must be executed as a notarial deed.
A contract creating an obligation to transfer ownership of real estate must be executed as a notarial deed.
True (A)
What is the legal term used to describe the right of a co-owner to purchase a share of agricultural real estate before it's sold to someone else?
What is the legal term used to describe the right of a co-owner to purchase a share of agricultural real estate before it's sold to someone else?
- Option to purchase
- Right of first refusal (correct)
- Right of eminent domain
- Preemptive right (correct)
How long does someone need to possess real estate uninterruptedly as an owner-like possessor to acquire ownership through adverse possession?
How long does someone need to possess real estate uninterruptedly as an owner-like possessor to acquire ownership through adverse possession?
Twenty years
If a co-owner of agricultural real estate sells their share, the remaining co-owners have the right of first refusal if they run a ______ on the co-owned land.
If a co-owner of agricultural real estate sells their share, the remaining co-owners have the right of first refusal if they run a ______ on the co-owned land.
Match the following articles of the Civil Code to their corresponding subject matter:
Match the following articles of the Civil Code to their corresponding subject matter:
According to Article 173 CC, if the owner of real estate against whom adverse possession is running is a minor, when can the adverse possession period end?
According to Article 173 CC, if the owner of real estate against whom adverse possession is running is a minor, when can the adverse possession period end?
Adverse possession of movable property requires uninterrupted possession for 3 years as an owner-like possessor in good faith.
Adverse possession of movable property requires uninterrupted possession for 3 years as an owner-like possessor in good faith.
What is the difference between adverse possession of real estate and adverse possession of movable property in terms of the required time period?
What is the difference between adverse possession of real estate and adverse possession of movable property in terms of the required time period?
What type of right can be established on real estate in favor of an entrepreneur under Article 305 CC?
What type of right can be established on real estate in favor of an entrepreneur under Article 305 CC?
According to Article 305 CC, either the entrepreneur or the owner of the servient estate can demand the establishment of an easement.
According to Article 305 CC, either the entrepreneur or the owner of the servient estate can demand the establishment of an easement.
A pledge is established to secure a given ______.
A pledge is established to secure a given ______.
What is the purpose of a pledge according to Article 306 CC § 1?
What is the purpose of a pledge according to Article 306 CC § 1?
A pledge may only be established for existing claims, not future or conditional ones.
A pledge may only be established for existing claims, not future or conditional ones.
What type of property can be encumbered with a pledge?
What type of property can be encumbered with a pledge?
Match the following legal concepts with their corresponding articles in the Civil Code:
Match the following legal concepts with their corresponding articles in the Civil Code:
What is the main difference between an easement and a pledge?
What is the main difference between an easement and a pledge?
What two abbreviations are repeated in the content?
What two abbreviations are repeated in the content?
The abbreviation 'fi' appears more times than 'tt'.
The abbreviation 'fi' appears more times than 'tt'.
Identify the abbreviation that appears most frequently in the content.
Identify the abbreviation that appears most frequently in the content.
The abbreviation 'fi' is used to represent ______.
The abbreviation 'fi' is used to represent ______.
Match the abbreviations with their possible meanings:
Match the abbreviations with their possible meanings:
Which abbreviation is likely used the least in the content?
Which abbreviation is likely used the least in the content?
The content consists only of the abbreviations with no other words.
The content consists only of the abbreviations with no other words.
How many different abbreviations are mentioned in total?
How many different abbreviations are mentioned in total?
Which of the following statements about the validity of a commitment not to dispose is true?
Which of the following statements about the validity of a commitment not to dispose is true?
A pledge can be transferred without the claim it secures.
A pledge can be transferred without the claim it secures.
What is the primary purpose of a mortgage?
What is the primary purpose of a mortgage?
A pledge secures claims for interest for the last three years before the thing is _____ in execution or bankruptcy proceedings.
A pledge secures claims for interest for the last three years before the thing is _____ in execution or bankruptcy proceedings.
Match the following articles with their respective concepts:
Match the following articles with their respective concepts:
Which claim does NOT affect the pledgee's right to obtain satisfaction from the pledged thing?
Which claim does NOT affect the pledgee's right to obtain satisfaction from the pledged thing?
What is the required form for transferring cooperative ownership rights to premises?
What is the required form for transferring cooperative ownership rights to premises?
The prohibition of disposal in a mortgage agreement is permissible.
The prohibition of disposal in a mortgage agreement is permissible.
Which of the following accurately describes fractional co-ownership?
Which of the following accurately describes fractional co-ownership?
Co-owners' shares are always presumed to be unequal.
Co-owners' shares are always presumed to be unequal.
What is required for the disposition of a co-owned thing to occur?
What is required for the disposition of a co-owned thing to occur?
Each co-owner is entitled to jointly possess a co-owned thing and use it to an extent _____ with the remaining co-owners.
Each co-owner is entitled to jointly possess a co-owned thing and use it to an extent _____ with the remaining co-owners.
Match the articles with their corresponding descriptions regarding co-ownership:
Match the articles with their corresponding descriptions regarding co-ownership:
What are profits and revenues from a co-owned thing accrued based on?
What are profits and revenues from a co-owned thing accrued based on?
A co-owner can dispose of their share without the consent of other co-owners.
A co-owner can dispose of their share without the consent of other co-owners.
In joint co-ownership, what is necessary to manage the co-owned thing?
In joint co-ownership, what is necessary to manage the co-owned thing?
Which type of individuals have limited capacity for legal acts?
Which type of individuals have limited capacity for legal acts?
Adults with no restrictions have full capacity for legal acts.
Adults with no restrictions have full capacity for legal acts.
What is one reason that can lead to the termination of legal capacity of a natural person?
What is one reason that can lead to the termination of legal capacity of a natural person?
A person can hold rights through a __________ if they lack legal capacity.
A person can hold rights through a __________ if they lack legal capacity.
What typically needs to occur to declare a person legally deceased?
What typically needs to occur to declare a person legally deceased?
Match the following types of legal capacity with their definitions:
Match the following types of legal capacity with their definitions:
What is a method of the creation of legal persons?
What is a method of the creation of legal persons?
The declaration of death can be reversed if the person is found alive.
The declaration of death can be reversed if the person is found alive.
Flashcards
Notarial Deed for Real Estate
Notarial Deed for Real Estate
A contract for transferring real estate ownership must be formally documented through a notarial deed.
Adding me of the predecessor
Adding me of the predecessor
Adding a note or comment to something, typically in a written document.
ft
ft
A symbol used in a document, typically to indicate a footnote or endnote.
Deed for Prior Obligation
Deed for Prior Obligation
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ti
ti
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Right of First Refusal for Farmland
Right of First Refusal for Farmland
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Adverse Possession of Real Estate
Adverse Possession of Real Estate
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tt
tt
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Adding me to the predecessor
Adding me to the predecessor
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Adverse Possession against Minor
Adverse Possession against Minor
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fi
fi
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Adverse Possession of Movable Property
Adverse Possession of Movable Property
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Adverse Possession of Movable Property (Bad Faith)
Adverse Possession of Movable Property (Bad Faith)
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A document with multiple 'ti', 'tt', 'ft' and 'fi' symbols
A document with multiple 'ti', 'tt', 'ft' and 'fi' symbols
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A document with a clear hierarchy of notes
A document with a clear hierarchy of notes
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Owner-like Possession
Owner-like Possession
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Co-ownership
Co-ownership
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Fractional co-ownership
Fractional co-ownership
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Joint co-ownership
Joint co-ownership
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Equal shares in co-ownership
Equal shares in co-ownership
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Majority rule in co-ownership
Majority rule in co-ownership
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Profit and expense sharing in co-ownership
Profit and expense sharing in co-ownership
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Shared possession and use in co-ownership
Shared possession and use in co-ownership
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Disposition of individual shares
Disposition of individual shares
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Legal Capacity
Legal Capacity
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Full Legal Capacity
Full Legal Capacity
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Limited Legal Capacity
Limited Legal Capacity
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Termination of Legal Capacity
Termination of Legal Capacity
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Legal Person
Legal Person
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Creation of Legal Persons
Creation of Legal Persons
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Capacity to Hold Rights
Capacity to Hold Rights
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Declaration of Death
Declaration of Death
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Invalid Pledge Commitment
Invalid Pledge Commitment
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Transferred Pledge
Transferred Pledge
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Scope of Pledge Security
Scope of Pledge Security
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Pledge and Statute of Limitations
Pledge and Statute of Limitations
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Pledge vs. Mortgage
Pledge vs. Mortgage
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Mortgage Registration
Mortgage Registration
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Scope of Mortgage Security
Scope of Mortgage Security
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Mortgage: No Restriction on Sale
Mortgage: No Restriction on Sale
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Transmission Easement
Transmission Easement
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Pledge (in Civil Law)
Pledge (in Civil Law)
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Pledge for Future or Conditional Claims
Pledge for Future or Conditional Claims
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Priority Over Personal Creditors
Priority Over Personal Creditors
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Security for a Given Claim
Security for a Given Claim
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A pledge can be for a future or conditional claim
A pledge can be for a future or conditional claim
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Limited Scope of Use
Limited Scope of Use
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Right to Demand Establishment
Right to Demand Establishment
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Study Notes
Real Rights
- Objective meaning: Set of rules governing real rights
- Subjective meaning: Individual rights pertaining to things, effective against everyone
- Characteristics: Effective against everyone (erga omnes), closed catalogue (numerus clausus), dominance of unconditional norms (iura cogentes)
- Categories of real rights: Rights on own things (ownership), rights on others' things (perpetual usufruct), limited real rights
- Limited real rights: usufructs, easements, pledges, cooperative ownership rights to premises, mortgages.
- Object of real rights: Real estate (land, buildings), movables (personal property)
Object of Real Rights
- Real estate: Land and buildings as a separate ownership object, space above and below the land
- Movables: Personal property
- Rights in Things: Ownerships, perpetual usufructs, usufructs, and easements are categorized as rights that can be exercised upon real estate
- Rights in Real Estate: Ownership, mortgages
- Rights in Movables: Usufructs, Cooperative ownership rights to premises, pledges, easements are categorized as rights exercised upon movables
Divisions of Real Rights
- According to scope of competences: Rights on own things (ownership), rights on others' things (perpetual usufruct), limited real rights (usufructs, easements, pledges)
- According to independence: independent rights (ownership, perpetual usufruct); accessory rights (pledge)
- According to transferability: transferable rights (ownership, perpetual usufruct), non-transferable (personal easement)
Concepts of Things
- Material objects
- Property rights as ownership & other related rights
Things and Animal
- Animals are living creatures, capable of suffering, not a thing
- All rights that are not specifically governed by animal protection law, will be governed by general rights on things
- All other matters not covered in the animal protection act will be covered by general regulations applicable to things
Real Estate
- Part of Earth's surface (separate ownership)
- Buildings can have separate ownership from land, regulated separately
- Land ownership extends to space above and below the surface
Agricultural Real Estate
- Real estate used for agricultural production (crop and animal farming)
- Includes gardening, horticulture, and fish farming
Movables
- Transportable items
- Goods in specie (e.g., paintings)
- Fungibles (e.g., grains, money)
- Divisible & indivisible (e.g., wheat vs. a car)
Component Part
- Component part is inseparable from the principal object without damage
- Objects only temporarily attached are not part of the object.
Appurtenances
- Movables needed for the principal thing's use
- Must have a connection to the principal thing
- Still doesn't belong to the principal owner
Possession
- Actual control of a thing
- Types of possessors: owner-like, dependent, actual
- Elements: corpus (physical control)
Ownership
- Ownership: use, profits, and other revenue; disposal of thing
- Ways of Acquiring Ownership: Transfer, Positive Prescription, Abandonment, Appropriation, Finding, Separation/Transformation/Attachment/Mixing, and Extra-Civil Ways
- Ways of Losing Ownership: Transfer, Positive Prescription, Abandonment, Appropriation, Finding, Separation/Transformation/Attachment/Mixing, and Extra-Civil Ways
Transfer of Ownership
- Requirements for ownership transfer, including conditions and time limits
- Special provisions for agricultural real estate transfers
Adverse Possession
- Acquiring ownership through uninterrupted possession for a set period
Possession
- Actual control of a thing
- Categories of possessors: owner-like, dependent, actual holder
- Elements: Corpus (Physical control or holding) & Animus (Intention to possess)
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