■ With respect to machinery and equipment used for an industry or works
o General rule: they may not be validly subject to replevin so long as they are intended by the owner for an industry and they directly meet the needs of the industry -- they are considered as real property. (They are not subject to replevin which is an action to recover specific personal property.)
o Exception: when the machinery is placed by the lessee in the real estate leased to him by the owner of the real estate.
o Exception to the exception: when the lessee places the machinery on the estate as an agent of the owner-lessor.
Tala app is a fast and easy way to borrow money, and it's used and trusted by many. Download Tala to join millions of Filipino users today! >>>
http://inv.re/9o3vpLinkback:
https://tubagbohol.mikeligalig.com/index.php?topic=91449.0