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14 Cards in this Set

  • Front
  • Back
Liberative Rx

1
barring of an action b/c of the passage of time
Acquisitive Rx

2
mode of acquiring o’ship or another real right in a thing by virtue of possession
Rx of Non-use

3
method by which a real right other than o’ship is extinguished b/c it’s not exercised
Prescription Commences

4
day a cause of action arises & its judicial enforcement is possible
• If computed in days, the day that marks the commencement of Rx isn’t counted
• The last day of the period counts unless it is a legal holiday
• If consists of 1+ yrs, accrues upon expiration of day of last yr corresponding w/date of commencement
Parties Can’t

5
exclude it or make it longer or more onerous. (but may shorten)
Renunciation

6
can’t renounce until it has accrued
2yrs For

7
Delictual Obligations for crimes of violence – from day of injury/damage is sustained
3yrs For

8
(1) past due rent
(2) merchants’ open accounts (commences when payment is exigible)
(3) money lent
(4) compensation for services rendered
5yrs For

9
promissory notes (negotiable or not) &
negotiable instruments (commences when debt is exigible) &
Actions against prof engineers, licensed archs, and real estate developer
& action to set aside a document on ground that mandate lacked authority
• If payable in installments, Rx runs on each installment, not on the note as a whole.
• If there’s no provision allowing the holder to declare the remaining installments due upon default, each monthly installment will become enforceable on a rolling basis (5yrs a/f each one is due)
10yrs For

10
Actions on Contract, brought by Arch board against non-licensed contracts or architects
30yrs For

11
Recognition of Succession or Action for Student Loans
Interruption

12
time run doesn’t count & commences to run anew from last day of interruption UPON:
• filing suit in ct of competent J & venue
• acknowledgment (one acknowledges right of person a/g whom it commenced)
• May occur in many ways→ verbally, writing, partial payment, paying interest, pledging security
• Law’s liberal w/re: to acknowledgment. Lots of things acknowledge, but renunciation must be express
Suspension
the period of suspension is not counted towards accrual, but it commences to run again upon termination of suspension.
• suspended between: (1) spouses during marriage & (2) anyone with custodial authority for that period. In favor of minors during minority for: (1) annulment of a testament; (2) reduction of an excessive donation, and (3) and rescission of a partition
• judicial suspension: contra non valentum
• special emergency suspensions: 8/26/05 and 1/3/06. Those periods will now accrue on 1/4/06.
Peremption
the right (and not just the remedy) is extinguished by the passage of time