Search results
Results from the WOW.Com Content Network
The Civil Code of the Philippines is the product of the codification of private law in the Philippines. It is the general law that governs family and property relations in the Philippines. It was enacted in 1950, and remains in force to date with some significant amendments. [citation needed]
The taxes imposed by the Code include a graduated income tax on all income earned by natural and juridical persons within the Philippines, a capital gains tax, excise tax on certain products, a Donor's Tax, an estate tax, and a value-added tax on the sale of most goods and services in the Philippines. Real property taxes are considered as local ...
Adverse possession in common law, and the related civil law concept of usucaption (also acquisitive prescription or prescriptive acquisition), are legal mechanisms under which a person who does not have legal title to a piece of property, usually real property, may acquire legal ownership based on continuous possession or occupation without the permission of its legal owner.
Usucaption (Latin: usucapio), also known as acquisitive prescription, [1] [2] is a concept found in civil law systems [3] and has its origin in the Roman law of property. Usucaption is a method by which ownership of property (i.e. title to the property) can be gained by possession of it beyond the lapse of a certain period of time (acquiescence).
This word has the same meaning in the modern Spanish judicial system. [6] fiscal [2] prosecutor Spanish A prosecutor, either at the city or provincial level, or nationwide Department of Justice level. Cf. procurator fiscal. G.R. N/A: English Abbreviation for General Register. See Case citation § Philippines. IBP N/A: English
[1] In the context of property law it can be restated as: "In a property dispute (whether real or personal), in the absence of clear and compelling testimony or documentation to the contrary, the person in actual, custodial possession of the property is presumed to be the rightful owner. The rightful owner shall have their possession returned ...
Pedis possessio is a legal phrase in common law used to describe walking on a property to establish ownership; this concept involves the establishment of first possession of land. By walking on a property and defining its bounds, possession is established. Legal dictionaries [2] put forth this definition.
Amending the Intellectual Property Code or RA 8293 2013-03-01: 10373: Electric Power Distribution Franchise: Olongapo Electricity Distribution Company, Inc. 2013-03-05: 10374: Amending the Agricultural Land Reform Code or RA 3844: Extending the Life of the Land Bank of the Philippines 2013-03-05: 10375: Converting a Road into National Road 2013 ...