Article 559
ELI5— what this means for you
The possession of movable property acquired in good faith is equivalent to a title.
Official text — RA 386
The possession of movable property acquired in good faith is equivalent to a title. Nevertheless, one who has lost any movable or has been unlawfully deprived thereof, may recover it from the person in possession of the same.
If the possessor of a movable lost or which the owner has been unlawfully deprived, has acquired it in good faith at a public sale, the owner cannot obtain its return without reimbursing the price paid therefor. (464a)
Source: lawphil.net (RA 386 as amended)
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