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What is Property Classification in Civil Law Cases about?

1. Ladera v. Hodges established that a house built on land owned by another is considered an immovable property and takes on the nature of the principal land on which it is built. 2. Mindanao Bus Company v. City Assessor & Treasurer clarified that movable equipment used for repair purposes are not considered immovable properties even if used in an industry, as they are not essential elements and the business is not carried out on the land. 3. Makati Leasing and Finance Corporation v. Wearever Textile Mills

Author

Kristine Bernadette Cruz

Language

EN