CLASSIFICATION OF MODES OF LOSING

OWNERSHIP:
1. Voluntary
a. Abandonment
A renunciation of real right
Unilateral act that requires no formalities
Requires legal capacity of the subject and the intent to renounce the
right
Mere failure to exercise the right of ownership without intent to
abandon does not extinguish the right

An abandoned personal property becomes res nullius and thus

becomes available for acquisition by occupation
b. Alienation
Transfer of ownership to another person
May be mortis causa or inter vivos
May be onerous or gratuitous

2. Involuntary
a. Total Loss of the Thing
Physical destruction
Juridical loss
o
When it ceases to be the object of private ownership
o
When thing goes out of commerce of man