Movable Property

• Things which, in general, may readily be moved from one place to

another without destroying their nature or substance or impairing the
real property to which they are fixed.
• Certain real property may also, by special law, be deemed personal
property.
• Pursuant to Art. 417 of the Civil Code, intangibles, like obligations and
actions which have for their object movables or or demandable sums
or shares of stock in corporations.
Movable property is either consumable or
non-consumable
• The consumable movables are those which cannot be used in a
manner appropriate to their nature without being consumed.
• Non-consumable movables ore those which can be used without
being consumed, being eaten or used.
• Movables may also be fungibles, which are replaceable quantitatively
and qualitatively, and non-fungibles which are not as replaceable in
such equivalents.