Succession as mode of transferring ownership

Under Philippine law, there are several modes of acquiring or transferring ownership; occupation, law, donation, tradicion (delivery), intellectual creation, prescription, and succession. Among the aforementioned modes of acquiring ownership, succession is unique since the transfer necessitates the fact of death. No property may be transferred to another by succession without the death of the transferor. As such, it is a derivative mode of acquiring ownership since the property transferred by the operation of succession presupposes a previous owner. (Mison, 2010)

Popular Posts