CHAPTER 3–TRANSFER OF OWNERSHIP BY AGREEMENT Art. 517. Voluntary transfer of ownership of an immovable The ownership of an immovable is voluntarily transferred by a contract between the owner and the transferee that purports to transfer the ownership of the immovable. The transfer of ownership takes place between the parties by the effect of the […]
Art. 518. Voluntary transfer of the ownership of a movable The ownership of a movable is voluntarily transferred by a contract between the owner and the transferee that purports to transfer the ownership of the movable. Unless otherwise provided, the transfer of ownership takes place as between the parties by the effect of the agreement […]
Art. 519. Transfer of action for recovery of movable. When a movable is in the possession of a third person, the assignment of the action for the recovery of that movable suffices for the transfer of its ownership. Acts 1979, No. 180, §1.
Art. 520. Repealed by Acts 1981, No. 125, §1.
Art. 521. Lost or stolen thing. One who has possession of a lost or stolen thing may not transfer its ownership to another. For purposes of this Chapter, a thing is stolen when one has taken possession of it without the consent of its owner. A thing is not stolen when the owner delivers it […]
Art. 522. Transfer of ownership by owner under annullable title. A transferee of a corporeal movable in good faith and for fair value retains the ownership of the thing even though the title of the transferor is annulled on account of a vice of consent. Acts 1979, No. 180, §1.
Art. 523. Good faith; definition. An acquirer of a corporeal movable is in good faith for purposes of this Chapter unless he knows, or should have known, that the transferor was not the owner. Acts 1979, No. 180, §1.
Art. 524. Recovery of lost or stolen things. The owner of a lost or stolen movable may recover it from a possessor who bought it in good faith at a public auction or from a merchant customarily selling similar things on reimbursing the purchase price. The former owner of a lost, stolen, or abandoned movable […]
Art. 525. Registered movables. The provisions of this Chapter do not apply to movables that are required by law to be registered in public records. Acts 1979, No. 180, §1.
