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WorksheetsQuiz 02 Prelim LM 314
Total questions: 10
Worksheet time: 5mins
A house of mixed materials is considered personal property.
True
False
Growing crops are real property subject to realty taxes.
True
False
Ungathered products have the nature of personal property.
True
False
Machinery, receptacles, instruments or implements intended for an industry or works which may be carried on in a building or on a piece of land, and
which tend directly to meet the needs of the said industry or works.
with the intention to have them
permanently attached to the land, and forming a permanent
part of it.
placed in buildings or on lands by the
owner of the immovable in such a manner that it reveals the
intention to attach them permanently to the tenements.
in such a way that it cannot be separated there-
from without breaking the material or deterioration of the
object.
Movable equipment to be immobilized in contemplation of the law must first be, -- of an industry or works.
"essential and principal"
"permanent and attached"
"mobile and tangible"
"placed by the owner himself"
The following statements are true, except:
A house is classified as immovable property by reason of its adherence to the soil on which it is built.
House is immovable property even when situated in a land belonging to another.
House which is demolished ceases to be immovable.
A house when demolished remains to be immovable.
The following are true for steel towers, except:
Steel towers are buildings or constructions that are adhered to the soil.
They are not attached to an immovable in a fixed manner and they can be separated without breaking the material or causing deterioration upon the object to which they are attached.
They are not materials, receptacles, instruments, or implements, and that they were not intended for works on the land.
Steel towers do not constitute buildings or constructions adhered to the soil.
a valuable addition made to the property or an amelioration in its condition, amounting to more than mere repairs or replacement of waste, costing labor or capital and intended to enhance its value, beauty or utility or to adapt it for new or further purposes.
Improvements
Machinery
Equipment
Assessment
shall embrace machines, mechanical contrivances, instruments, appliances and apparatus attached to the real estate. It includes the physical facilities available for production, as well as the installations and appurtenant service facilities, together with all other equipment designed for or essential to its manufacturing, industrial or agricultural purposes.
Machinery
Receptacles
Instruments
Implements
The following were doctrines promulgated by the Supreme Court, except:
Davao Sawmill case the sheriff properly treated the machinery as personal property.
Improvements on land in the Caltex case, are commonly taxed as realty even though for some purposes they might be considered personalty.
Steel towers by Manila Electric Company are considered personalty because they were attached to square metal frames by means of bolts and could be moved from place to place when unscrewed and dismantled.
The repair shop of a bus company in Mindanao Bus case is real property.
