online pmes - what is possessory document

Pre Membership Education Seminar BLP MULTI-PURPOSE COOPERATIVE Series of 2012

1

2

POSSESSORY DOCUMENT –

A prima facie evidence

of the fact that the

possessor of the land to

which it refers has actual

possession. [Moreno’s Law

Dict., 2000 Ed., p. 351].

3

4

POSSESSORY

DOCUMENT RIGHTS

if there is NO

conveyance thru

DEED OF ABSOLUTE

SALE (DOAS) or DEED

OF DONATION

(DOD).

POSSESSORY

DOCUMENT

OWNERSHIP

if there is a

conveyance thru

DEED OF ABSOLUTE

SALE (DOAS) or DEED

DONATION (DOD).

BLP COOP issues POSSESSORY

DOCUMENT to members /

beneficiaries by virtue of ABSOLUTE

OWNERSHIP:

• Article 428. The owner has the right to

enjoy and dispose of a thing, without

other limitations than those established

by law. R.A. 386 – CIVIL CODE OF THE

PHILIPPINES

5

• HISTORY OF CONVEYANCE BY VIRTUE

OF DEED OF ABSOLUTE SALE (DOAS)

FROM DON DOMINGO DE OCAMPO (OCT 779) >>

GUILLERMO DE OCAMPO (OCT 779) SOLE

SURVIVOR HEIR >> ENGR. CHARLIE CARABAÑA

(OCT 779) >> ANG BAGONG LAHING PILIPINO

DEVELOPMENT FOUNDATION, INC. represented by

PRESIDENT / CHAIRMAN DR. ALMIRANTE “ALVIN”

G. BERSALES, PH.D. (OCT 779 > TCT-8982, TCT-8983

and TCT-8984 . . .)

6

• Article 521. The goodwill of a business is property, and may be transferred

together with the right to use the

name under which the business is

conducted. (n), R.A. 386 – CIVIL CODE

OF THE PHILIPPINES

• Article 523. Possession is the holding of

a thing or the enjoyment of a right.

(430a)

7

• Article 525. The possession of things or

rights may be had in one of two

concepts: either in the concept of

owner, or in that of the holder of the

thing or right to keep or enjoy it, the

ownership pertaining to another

person. (432) R.A. 386 – CIVIL CODE OF

THE PHILIPPINES

8

• ARTICLES of COOPERATION and BY-LAWS

of BLP MULTI-PURPOSE COOPERATIVE

• AUTONOMOUS POWER OF COOPERATIVE,

R.A. 5185 – AN ACT GRANTING

AUTONOMOUS POWER TO LOCAL

GOVERNMENT ceded under Art. 4 (4) R.A.

9520

• R.A. 7160 – LOCAL GOVERNMENT CODE

OF 1991 ceded under R.A. 9520 –

PHILIPPINE COOPERATIVE CODE OF 2008

9

10

11