Law 3101A/B Study Guide - Quiz Guide: Usufruct, Legal Certainty
26 Oct 2018
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Primary rights: the most extensive right to use a thing or an object. Limitations include the right over government or other situations with forza maggiore. Secondary property rights to use: for a limited duration of time. Usufruct: right to use a thing usually until the end of the person"s life. Servitude: right of way i. g. , right from land to land, lasts forever (until the land lives) Secondary property security rights: to secure a payment of a monetary claim. Right of pledge over a movable object. Right of hypothec (or mortgage) immovable objects or special movable objects (ships, planes) Paritas creditorum: division of the money to the creditors rationally (10 is donated by x and 30 by y, the return will be a ration 1:3) Priority over paritas creditorum: if the bank applies the right to hypothec. Principle of specificity: it must be clear in respect of precisely which good or land the property right is created.
