Nature Of Docks And Structures Floating
Article 415(9) of the New Civil Code provides that “docks and structures which, though floating, are intended by their nature and object to remain at a fixed place on a river, lake or coast” are considered immovable property. Thus, power barges are categorized as immovable property by destination, being the nature of machinery and other implements intended by the owner for an industry or work which may be carried on in a building nor on a piece of land and which tend directly to meet the needs of said industry or work. (Fels Energy Inc. v. Province of Batangas, et al., G.R. No. 168557, February 16, 2007, Callejo, J).