Text of the provision
Art. 427. Ownership may be exercised over things or rights.
(n)
Civil Code of the Philippines, Republic Act No. 386, approved June 18, 1949, effective August 30, 1950. Reproduced in full; verified verbatim against the LawPhil and ChanRobles official-text renderings.
What this article means
Ownership may be exercised not only over things (corporeal property) but also over rights (incorporeal property, such as a credit or an intellectual creation). It is the most complete real right a person can have over property.
Related provisions
- Article 424 — Local Property for Public Use.
- Article 428 — The Rights of an Owner.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.
Note. The text of the provision above is reproduced in full from the official enactment (Republic Act No. 386), verified against the LawPhil and ChanRobles renderings. The annotation and commentary around it are the work of Vivas & Nobles Law Office and are general legal information, not legal advice. How a provision applies to a particular situation depends on facts that only a lawyer reviewing your case can assess.